AI chip demand remains strong, Taiwan Semiconductor's revenue increased by 26% in July
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Taiwan Semiconductor announced that its revenue in July reached NT$ 323.2 billion (approximately USD 10.8 billion), a year-on-year increase of 26%, indicating accelerated investment in the AI sector. Despite facing exchange rate pressures, Taiwan Semiconductor's cumulative revenue from January to July increased by 38% compared to the same period in 2024. Analysts expect a 25% revenue growth in the third quarter. Taiwan Semiconductor maintains a significant position in the AI chip and smartphone chip markets, benefiting from the new tariff policies
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