TSMC Reports 39% Sales Increase, Surpassing Analyst Expectations

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TSMC Reports 39% Sales Increase, Surpassing Analyst Expectations
Photo: Chiang Ying-ying

Chip manufacturer TSMC's sales rose 39 percent during the last quarter and thus came in clearly above the analysts' expectations, shows a compilation from Bloomberg. The contract manufacturer's own forecast for 2025 is that sales will increase by just over 20 percent this year. According to the company's CEO, the demand for AI chips remains higher than the supply.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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