Taiwan Semiconductor Manufacturing Co. (TSMC) announced that its consolidated revenue for August hit an all-time high of NT$514.806 billion, representing a 53.3 percent increase compared to the previous year. This growth is primarily attributed to the surging demand for artificial intelligence technologies and the introduction of new smartphone models. For the first eight months of the year, the company's total revenue reached NT$3.387 trillion, marking a 39.3 percent rise year-on-year. Based on the combined performance of July and August, analysts suggest the firm is well-positioned to meet or surpass its third-quarter financial targets. Looking ahead, TSMC has increased its capital expenditure projections for 2026 to between US$60 billion and US$64 billion to accommodate rising client requirements, while maintaining a positive outlook for long-term revenue growth driven by the ongoing expansion of the AI sector.
Source : Focus Taiwan
