Loading...
Market
What will be TSMC's revenue for Q3 2024?
2
Resolution / Starting Odds
Less than NT$700 billion • 25%
NT$700 billion to NT$800 billion • 25%
NT$800 billion to NT$900 billion • 25%
More than NT$900 billion • 25%
TSMC's official financial reports
Story
TSMC's July Revenue Soars 44.7% to $7.94B on AI Chip Demand
Aug 9, 2024, 07:57 AM
Taiwan Semiconductor Manufacturing Company (TSMC) reported a significant increase in revenue for July 2024, driven by strong demand for artificial intelligence (AI) chips. The company's revenue rose 44.7% year-on-year to a record NT$256.95 billion (approximately $7.94 billion), marking a 23.6% increase from June 2024. This growth surpasses TSMC's previous single-month revenue record of NT$243.20 billion set in October 2023. The year-to-date revenue from January to July 2024 also showed a substantial rise of 30.5% year-on-year, reaching NT$1.52 trillion. Major clients such as Apple, Intel, Nvidia, Qualcomm, and MediaTek contributed to this surge in demand. TSMC's performance is seen as a positive indicator for related companies like Nvidia, which relies heavily on TSMC for chip supply. TSMC's revenue growth also showed a 3% increase premarket.
View original story
Similar markets
Below NT$22.4 billion • 25%
NT$22.4 billion - NT$22.8 billion • 25%
NT$22.8 billion - NT$23.2 billion • 25%
Above NT$23.2 billion • 25%
Less than NT$2.3 trillion • 25%
NT$2.3 - NT$2.4 trillion • 25%
NT$2.4 - NT$2.5 trillion • 25%
More than NT$2.5 trillion • 25%
Below NT$240 billion • 25%
NT$240 billion - NT$250 billion • 25%
NT$250 billion - NT$260 billion • 25%
Above NT$260 billion • 25%
Below 25% • 25%
25% to 30% • 25%
30% to 35% • 25%
Above 35% • 25%
Less than 30% • 25%
30% to 35% • 25%
35% to 40% • 25%
More than 40% • 25%
Below 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
Above 15% • 25%
Less than 20% • 25%
20% to 30% • 25%
30% to 40% • 25%
More than 40% • 25%
Below 25% • 25%
25% - 30% • 25%
30% - 35% • 25%
Above 35% • 25%
Below $26.1 billion • 25%
$26.1 billion to $26.9 billion • 25%
Above $26.9 billion • 25%
Other • 25%
