TSMC posts fastest monthly revenue growth since 2022 on AI chip boom

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TSMC posts fastest monthly revenue growth since 2022 on AI chip boom
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TSMC posted a surge in revenue in March as it cashes in on a continuing artificial intelligence boom powered by high-end chips.

TSMC said March revenue came in at 195.2 billion new Taiwan dollars , up 34.3% year-on-year. that's the fastest pace of growth since Nov. 2022.

The company is currently riding the AI boom. Semiconductors, such as those designed by Nvidia, have been underpinning the development of AI applications., posted a surge in monthly revenue in March, as it cashed in on a continuing artificial intelligence boom powered by high-end chips.

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