TAIPEI (Taiwan News) — TSMC on Wednesday reported NT$335.77 billion (US$11 billion) in revenue for August, marking its second-highest monthly total and the strongest August in company history.

The figure represents a 3.9% increase from July and a 33.8% rise from the same month last year. Cumulative revenue for the first eight months of the year reached NT$2.43 trillion, up 37.1% from the same period last year, with TSMC’s stock reaching new highs in parallel, according to CTEE and UDN Money.

Institutional investors attribute the company’s performance to strong demand for artificial intelligence server chips and the start of the Apple iPhone 17 chip stocking period, with the iPhone 17 processors manufactured using TSMC’s enhanced 3 nm technology. TSMC maintains a full-year US dollar revenue guidance of around 30% growth.

For the third quarter, the company’s US dollar revenue forecast ranges from US$31.8 billion to US$33 billion.

Investors note that TSMC has already achieved more than 70% of its quarterly revenue target, with projections for the quarter averaging about NT$939.6 billion. September revenue is expected to fall between NT$260 billion and NT$298 billion.

Looking ahead, TSMC said growth in the second half of 2025 will continue to be supported by AI applications. Revenue from AI accelerators could potentially double this year, and the company projects a compound annual growth rate of 44–46% over the next five years from 2024.

At a July investor conference, CEO C.C. Wei (魏哲家) cited strong demand for 3 nm and 5 nm technologies, along with high-performance computing, as key drivers of full-year revenue growth in US dollars, revising the company’s 2025 outlook upward from its April forecast.