TSMC July Revenue Up 45% Year-on-Year, AI Demand Remains Strong

According to Bloomberg, TSMC announced July revenue reached 467.58 billion New Taiwan dollars (approximately 14.5 billion U.S. dollars), a 45% year-on-year increase, showing AI hardware demand remains strong amidst market volatility. As a core chip supplier for Nvidia and Apple, TSMC's sales growth for the current quarter is expected by analysts to average 46.8%.