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TSMC November Revenue Up 34% on Strong AI Demand
TaiwanPlus News
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12/10/2024
Taiwanese chipmaking giant TSMC has posted about US$8.5 billion in November sales, a 12.2% revenue fall from October but a 34% year-on-year increase. High demand for AI has been credited for the better-than-predicted earnings.
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00:00
TSMC's earnings are up 34 percent from this time last year, showing continued growth from
00:06
strong AI demand.
00:09
The chipmaker reported monthly sales of about 8.5 billion U.S. dollars for November.
00:15
This is a fall from October's numbers, but TSMC has still clocked a sharp year-on-year
00:21
increase.
00:22
This is all as Taiwan's exports as a whole rose more than expected this month, also due
00:27
to booming AI business.
00:29
Taipei predicts December exports could rise as much as 7.5 percent year-on-year.
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