TSMC revenue increased by 34% in November but dropped 12.2% from October

From Investing.com: 2024-12-10 01:08:37

TSMC, the largest contract chipmaker, saw a 34% increase in net revenue to $8.52 billion in November compared to last year, but a 12.2% drop from October’s figures. Year-to-date revenue growth is at 31.8%, with strong demand from the AI industry boosting sales. Investors are questioning the sustainability of this growth as data center building and chip demand are expected to slow. TSMC remains optimistic, expecting robust demand until 2025.



Read more at Investing.com: TSMC revenue surges 34% in Nov, but slows from prior month By Investing.com