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Taiwan Semiconductor Manufacturing Co. (TSMC) said its revenues for the month of April reached NT$236.02 billion(US$7.27 billion), the second-highest monthly return in the firm's history. The company record was NT$243.2 billion(US$7.5 billion) in October last year.

TSMC's April revenue marked a 59.6% increase from the same period in 2023 and a 20.9% rise over March. Accumulated revenue for the first four months totaled NT$828.66 billion(US$25.5 billion), up 26.2% from the same period last year.

Industry insiders pointed out that strong demand for high-performance computing tied to artificial intelligence (AI) and robust customer demand for 3-nanometer and 5nm advanced process technology were the main drivers behind the surge in revenue.

TSMC estimated that its revenue for the second quarter will be around US$19.6 billion to US$20.4 billion, with a quarter-on-quarter increase of approximately 6%. This is based on the midpoint calculation and an average expected exchange rate of around US$1 to NT$32.3. 

Editor：Lulu

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