The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. <\/p>\n
Ann Wang | Reuters<\/p>\n
Taiwan Semiconductor Manufacturing Co.<\/a> reported record monthly revenue for August on Thursday, as demand for chips used in artificial intelligence applications remained strong.<\/p>\n The world’s largest contract chipmaker posted revenue of $514.8 billion New Taiwan dollars ($16.35 billion) for last month, up 53.3% from a year earlier and 10.1% from July.<\/p>\n TSMC shares closed 0.61% lower on Thursday ahead of the revenue release. <\/p>\n The company’s monthly revenue has now risen for four straight months.<\/p>\n During its second-quarter earnings call in July, TSMC said AI-related demand continued to be “extremely robust.”<\/p>\n The Taiwanese tech giant reported a more than 77% year-on-year jump in second-quarter profit<\/a> and forecast third-quarter revenue between $44.6 billion and $45.8 billion.<\/p>\n TSMC has maintained its dominance in the global foundry market, with a 72.5% market share in the second quarter, according to a data<\/a> released by TrendForce Wednesday. Strong demand for AI server processors kept TSMC’s advanced 5-, 4- and 3-nanometer capacity fully booked during the quarter, the research firm said.<\/p>\n Samsung Foundry ranked second with a 5.9% share, followed by China’s SMIC at 5.4%.\u00a0<\/p>\n The world’s top 10 foundries posted record combined revenue of nearly $53.49 billion in the second quarter, driven in part by supply constraints for advanced processes used in AI and high-performance computing processors.<\/p>\n