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TSMC Reports Strong Yearly Growth Amid Monthly Dip

TSMC Reports Strong Yearly Growth Amid Monthly Dip

Taiwan Semiconductor Manufacturing (TSM) has released an update.

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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.

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