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TSMC revenue jumps 53.3% in August to NT$514.8B

TSMC reported record revenue for August of NT$514.8B ($16.35B), up 53.3% year over year. The company attributed results to strong demand for chips used in artificial intelligence applications.

NVDATSM

Taiwan Semiconductor Manufacturing reported record August revenue on Thursday, supported by continued strong demand for chips used in artificial intelligence applications. 3% increase from a year earlier.