TSMC'S SEPTEMBER SALES SURGE YEAR-OVER-YEAR AS AI DRIVES CHIP DEMAND

Summary from the TLDR Hardware newsletter

TSMC reported revenue of $511.86 billion New Taiwan dollars for September, a 54.6% year-over-year increase. Demand for advanced AI chips, driven by customers like Nvidia and Apple, boosted sales. TSMC has also committed to using ASML's advanced lithography machines to enhance chip production.