TSMC Reports Strong Yearly Growth Amid Monthly Dip
Company Announcements

TSMC Reports Strong Yearly Growth Amid Monthly Dip

Taiwan Semiconductor Manufacturing (TSM) has released an update.

Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) reported a slight monthly revenue dip of 2.4% in August 2024, with revenues reaching NT$250.87 billion; however, this represents a substantial 33% increase compared to August 2023. The total revenue from January to August 2024 showed a robust growth of 30.8% compared to the same period in the previous year.

For further insights into TSM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyEyes on Fed ahead of expected interest rate cut: Morning Buzz
TheFlyApple’s A16 SoC being made at TSMC’s Arizona plant, Tim Culpan reports
TheFlyGame On: Intel loses out to AMD, TSMC for PlayStation 6 chip
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App