Demand for artificial intelligence (AI) semiconductors has expanded to cutting-edge 2nm processes, leading Taiwan's TSMC, the world's largest foundry, to set another monthly revenue record.
According to the Central News Agency (CNA) on November 10, TSMC's consolidated revenue for October reached NT$586.89 billion (approximately US$23.8 billion), marking a 59.7% increase compared to the same month last year and a 14.7% rise from the previous month.
This figure surpasses the previous monthly record of NT$514.81 billion set in August, indicating that TSMC has broken its own revenue record within just two months.
Market analysts attribute the strong performance to continued demand for AI accelerators and high-performance computing (HPC), along with an increase in orders for advanced 2nm process chips. The expansion of AI investments is reportedly boosting overall foundry demand, contributing to TSMC's stronger-than-expected growth.
For the cumulative revenue from January to October, TSMC reported NT$4.49 trillion (approximately US$182 billion), a 43.3% increase from the same period last year. The company previously projected fourth-quarter revenue between US$52.3 billion and US$54.3 billion. Based on the midpoint of this forecast, this would represent a 58% increase year-over-year and a 14% increase from the previous quarter.
Experts suggest that considering this guidance, monthly revenues in November and December are expected to remain between NT$538.1 billion and NT$569.9 billion. If demand for AI semiconductors remains strong, TSMC's record-breaking performance could continue through the end of the year.
According to the Central News Agency (CNA) on November 10, TSMC's consolidated revenue for October reached NT$586.89 billion (approximately US$23.8 billion), marking a 59.7% increase compared to the same month last year and a 14.7% rise from the previous month.
This figure surpasses the previous monthly record of NT$514.81 billion set in August, indicating that TSMC has broken its own revenue record within just two months.
Market analysts attribute the strong performance to continued demand for AI accelerators and high-performance computing (HPC), along with an increase in orders for advanced 2nm process chips. The expansion of AI investments is reportedly boosting overall foundry demand, contributing to TSMC's stronger-than-expected growth.
For the cumulative revenue from January to October, TSMC reported NT$4.49 trillion (approximately US$182 billion), a 43.3% increase from the same period last year. The company previously projected fourth-quarter revenue between US$52.3 billion and US$54.3 billion. Based on the midpoint of this forecast, this would represent a 58% increase year-over-year and a 14% increase from the previous quarter.
Experts suggest that considering this guidance, monthly revenues in November and December are expected to remain between NT$538.1 billion and NT$569.9 billion. If demand for AI semiconductors remains strong, TSMC's record-breaking performance could continue through the end of the year.
* This article has been translated by AI.
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