TSMC November Revenue Up 34% on Strong AI Demand

TaiwanPlus News

Taiwanese chipmaking giant TSMC has posted about US$8.5 billion in November sales, a 12.2% revenue fall from October but a 34% year-on-year increase. High demand for AI has been credited for the better-than-predicted earnings.

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00:00TSMC's earnings are up 34 percent from this time last year, showing continued growth from

00:06strong AI demand.

00:09The chipmaker reported monthly sales of about 8.5 billion U.S. dollars for November.

00:15This is a fall from October's numbers, but TSMC has still clocked a sharp year-on-year

00:21increase.

00:22This is all as Taiwan's exports as a whole rose more than expected this month, also due

00:27to booming AI business.

00:29Taipei predicts December exports could rise as much as 7.5 percent year-on-year.

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