The surge in revenue aligns with rising demand for AI chips, especially from tech giants like Nvidia and Apple, both of which are significant TSMC clients.
Over the past 12 months, TSMC's stock has surged by more than 109%, reflecting investor confidence in the company's future.
To meet the growing global demand for semiconductors, particularly AI chips, TSMC is expanding its geographical footprint, committing more than $65 billion to build three new semiconductor plants in Arizona.
Taiwan's National Science and Technology Council Minister Wu Cheng-wen emphasized the critical role of AI in TSMC's future, particularly regarding investment and growth in the semiconductor sector.
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