TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Co. said on Tuesday its November revenue was up 34% year-over-year.
The company reported a monthly revenue of NT$276 billion (US$8.48 billion). November sales were down 12.2% compared to October figures, but it was still the company’s second-highest single-month revenue, according to CNA.
Meanwhile, consolidated revenue for the first 11 months totaled NT$2.62 trillion, an increase of 31.8% compared to the same period last year.
Analysts said TSMC sales were being driven by continued demand for AI applications and strong performance from their 5nm and 3nm advanced processes.