The world’s largest semiconductor foundry, Taiwan Semiconductor (TSM), is experiencing swelling demand for its chips used in artificial intelligence (AI) operations. In August, Taiwan Semiconductor’s net revenue rose 53% year-over-year (YOY) and climbed 10% month-over-month to NT$514.81 billion. This marked the fourth-straight month the company reported a monthly revenue increase. From January to August, net revenue rose more than 39% YOY to NT$3.39 trillion.
Taiwan Semiconductor, also known as TSMC, is largely maintaining its industry-leading position in the chip foundry market. Its 5-nanometer, 4nm, and 3nm technology nodes remained fully booked in the most recent quarter, demonstrating robust demand. However, TSMC may also face headwinds next year in the form of price increases; Taiwan Semiconductor is reportedly looking to increase its chipmaking prices by up to 10% in 2027 to offset rising costs.