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TSMC focuses on expanding capacity to meet AI demand

TIKR ·

TSM Taiwan Semiconductor Manufacturing ADR
$412.61 -2.28%
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  1. 1TSMC achieved $46.7 billion in revenue last quarter.
  2. 2CEO C.C. Wei said demand still exceeds supply.
  3. 3TSMC forecasts revenue of $52.3 billion to $54.3 billion for the next quarter.

So what's the key point?

There are many more orders for parts needed to make artificial intelligence than there are manufacturers. Therefore, TSMC expects its revenue to increase to over $52.3 billion next quarter.

Source TIKR · View original ↗

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