TSMC reported September revenue of $16.06 billion, a 54.6% year-over-year increase. This follows a record August at $16.3 billion. High-performance computing now accounts for 66% of the Taiwanese foundry’s revenue, driven by AI chip demand. The company has raised its full-year growth forecast to slightly above 40% and plans capital spending of $60 billion to $64 billion in 2026.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
