Finance · Euroglobal New
The TSMC logo is displayed on a building in Hsinchu, Taiwan. TSMC reported record monthly revenue for August, posting $514.8 billion New Taiwan dollars ($16.35 billion USD) for last month, up 53.3% from a year earlier and 10.1% from July. The company's monthly revenue has now risen for four straight months.
During its second-quarter earnings call in July, TSMC said AI-related demand continued to be "extremely robust." The Taiwanese tech giant reported a more than 77% year-on-year jump in second-quarter profit and forecast third-quarter revenue between $44.6 billion and $45.8 billion. TSMC maintains its dominance in the global foundry market with a 72.5% market share in the second quarter. Strong demand for AI server processors kept TSMC's advanced 5-, 4-, and 3-nanometer capacity fully booked during the quarter.
Samsung Foundry ranked second with a 5.9% share, followed by China's SMIC at 5.4%. The world's top 10 foundries posted record combined revenue of nearly $53.49 billion in the second quarter, driven by supply constraints for advanced processes used in AI and high-performance computing processors. TSMC and Dutch chip equipment giant ASML announced an initiative to advance the industry's transition to next-generation chipmaking technology, planning to use ASML's High NA technology in large-scale manufacturing for advanced nodes starting in 2030.
Source: CNBC
