The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025.
Ann Wang | Reuters
reported record monthly revenue for August on Thursday, as demand for chips used in artificial intelligence applications remained strong.
The world's largest contract chipmaker posted revenue of $514.8 billion New Taiwan dollars for August, up 53.3% from a year earlier and 10.1% from July.
TSMC shares closed 0.61% lower on Thursday ahead of the revenue release.
The company's monthly revenue has now risen for four straight months.
During its second-quarter earnings call in July, TSMC said AI-related demand continued to be "extremely robust. "
The Taiwanese tech giant reported a more than 77% year-on-year jump in and forecast third-quarter revenue between $44.6 billion and $45.8 billion.
TSMC has maintained its dominance in the global foundry market, with a 72.5% market share in the second quarter, according to a
