Connect with us

Hardware

TSMC posts record quarter results as skyrocketing AI and HPC demand drives two-thirds of revenue — company pulls in $33.1 billion

Published

on

[ad_1]

TSMC on Thursday reported revenue of $33.10 billion, marking its best quarter ever. The record earnings were driven by booming sales of AI processors and infrastructure — which now command nearly two-thirds of the company’s sales — as well as ramp-up of Apple’s latest N3P-based processors for smartphones and PCs. The company expects AI drive to continue in the foreseeable future and forecasts further revenue growth in the final quarter of the year.

TSMC’s third quarter revenue topped $33.1 billion…

[ad_2]

Source link

Continue Reading