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TSMC July Revenue Up 44.7% YoY on AI Chip Demand

Quartz +4 ·

NVDA NVIDIA Corp
$162.85 -2.01%
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  1. 1TSMC (TSM) posted July revenue of NT$46.758 billion (US$1.45 billion), up 44.7% year-on-year
  2. 2The figure outpaced the annual guidance (slightly above 40% in USD terms), and capex was raised to US$6.0–6.4 billion
  3. 3The chairman said high-performance computing accounted for 66% of second-quarter revenue, and that AI-related demand remains very strong

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