Taiwan’s main laptop chip maker, TSMC, stated Thursday that its web revenue surged almost 40% within the final quarter, boosted by the surge in use of synthetic intelligence.
Taiwan Semiconductor Manufacturing Corp. is the world’s largest semiconductor producer. It reported a web revenue of a report 452.3 billion new Taiwan {dollars} ($15 billion) within the July-September quarter, larger than analysts’ forecasts.
The corporate earlier stated its income jumped 30% year-on-year within the final quarter.
TSMC has been constructing chip fabrication crops in america and Japan to assist hedge in opposition to dangers from China-U.S. commerce tensions. The chipmaker is a serious provider to corporations reminiscent of Apple and Nvidia.
“Demand for TSMC’s merchandise is unyielding,” Morningstar analysts wrote in a word this month. “Given TSMC’s dominance, we doubt the corporate could be hindered if it confronted tariffs on shipments to U.S. clients. We anticipate AI demand to remain resilient.”
U.S. Commerce Secretary Howard Lutnick proposed final month that laptop chip manufacturing be divided 50-50 between Taiwan and the U.S. Taiwan — the place the vast majority of world chip manufacturing is presently based mostly — rejected that concept.
The corporate has dedicated $100 billion in U.S. investments, together with constructing new factories in Arizona, on prime of $65 billion that it pledged earlier.
—Chan Ho-Him, AP Enterprise Author
