TSMC Sales Grow 45% in July on Strong AI Chip Demand

TSMC Sales Grow 45% in July on Strong AI Chip Demand

(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s revenue rose 45% in July, an early indication of strong demand for AI chips even as a global tech selloff underlined growing doubts about the technology’s potential. Most Read from Bloomberg Sales for the month reached NT$256.95 billion ($7.9 billion). For the third quarter, analysts project TSMC revenue should …

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