THE LARGEST GLOBAL CHIP MANUFACTURER, TSMC, EXPERIENCED A 45 PER CENT SURGE IN SALES DUE TO AI DEMAND

THE WORLD'S LARGEST CHIP MANUFACTURER, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY (TSMC), REPORTED ON MONDAY THAT SALES IN JULY AMOUNTED TO 46,758 BILLION NEW YUAN (APPROXIMATELY $14.5 BILLION), AN INCREASE OF 44.7 PER CENT OVER THE SAME PERIOD. SALES BY TSMC HAVE RISEN SIGNIFICANTLY AS DEMAND FOR THEIR AI-RELATED CHIPS CONTINUES TO GROW. THE COMPANY EXPECTS REVENUE TO GROW BY MORE THAN 40 PER CENT IN 2026. TSMC ALSO RAISED THE CAPITAL EXPENDITURE PROJECTION TO $60 BILLION TO $64 BILLION. ACCORDING TO TSMC CHAIRMAN WEI CHEOL, AI-RELATED NEEDS REMAIN VERY STRONG。