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TSMC Record-Breaking July: A Revenue Milestone

12/08/2024

In July 2024, TSMC achieved a remarkable feat, recording its best-ever revenue month with an impressive total of $7.9 billion. This represented a 23.6% increase month-over-monthand a staggering 45% rise year-over-year. A major driver behind this success was the High-Performance Computing (HPC) sector, which accounted for 52% of TSMC’s revenue.

For the period from January to July 2024, TSMC saw total revenues soar to $47 billion, marking a 30.5% growth compared to the same timeframe in 2023. This substantial increase underscores the company's strong position in the semiconductor market and reflects the growing demand for advanced technologies, particularly in sectors like artificial intelligence and data centers.

As TSMC continues to innovate and expand its capabilities, its impressive financial performance not only highlights the company's resilience but also signals positive trends for the semiconductor industry as a whole

TSMC Record-Breaking July

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