World's biggest chipmaker TSMC's sales surge 45% amid buoyant AI demand

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest chipmaker, reported a 45% surge in sales for the third quarter, driven by robust demand for AI chips from customers like Nvidia and Google. The company's revenue reached NT$759.69 billion ($23.6 billion), exceeding analyst expectations.

World's biggest chipmaker TSMC's sales surge 45% amid buoyant AI demand Source: CNBC Technology https://www.cnbc.com/technology/ TSMC makes chips for Big Tech customers like Nvidia /glossary/nvidia and Google, so the firm's financial figures are closely watched as a sign of AI semiconductor demand.Get AI news in your inbox Daily digest of what matters in AI.