TSMC posted record August revenue of NT$514.8 billion ($16.35 billion), up 53.3% from a year earlier and 10.1% from July. The world's largest contract chipmaker has now logged four straight months of rising revenue, driven by strong AI chip demand, while separate industry data shows it still dominates the global foundry market.
Taiwan Semiconductor Manufacturing Co. reported record monthly revenue of NT$514.8 billion ($16.35 billion) for August, up 53.3% from a year earlier and 10.1% from July. The company disclosed the figures on Thursday.
TSMC's monthly revenue has now risen for four straight months, extending a run fueled by strong demand for chips used in artificial intelligence applications. Yet TSMC shares still closed 0.61% lower on Thursday ahead of the revenue release.
AI demand stays "extremely robust"
During its second-quarter earnings call in July, TSMC said AI-related demand continued to be, according to CNBC: "extremely robust." The company backed that outlook with results: it 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.
Foundry market share holds above 72%
TSMC has maintained its dominance in the global foundry market, holding a 72.5% market share in the second quarter, according to data TrendForce released on Wednesday. Strong demand for AI server processors kept TSMC's advanced 5-, 4- and 3-nanometer capacity fully booked during the quarter, the research firm said.
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 in part by supply constraints for advanced processes used in AI and high-performance computing processors.
TSMC and ASML advance next-generation chipmaking
Separately, TSMC and Dutch chip equipment giant ASML this week announced an initiative to advance the industry's transition to next-generation chipmaking technology. TSMC said it plans to use ASML's High NA technology in large-scale manufacturing for advanced nodes starting in 2030, with adoption expected to increase as AI applications require more complex transistor architectures.
Source: CNBC
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