TSMC’s Sales Beat Estimates in Good Sign for AI Chip Demand
The Taiwan Semiconductor Manufacturing Co. (TSMC) posted a better-than-expected 39 percent rise in quarterly revenue, assuaging concerns that AI hardware spending is beginning to taper off. The main chipmaker to Nvidia and Apple reported September-quarter sales of TWD 759.7 billion (roughly Rs. 1,97,885 crore), versus the average projection for TWD $748 billion (roughly Rs. 1,94,838 crore). Taiwan’s largest […]