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68TECHNOLOGY

TSMC posts record August revenue driven by strong AI chip demand

⚡ Markets: Confirms the continued strength of the AI hardware boom. Bullish for TSMC and the broader semiconductor sector, particularly companies in the AI supply chain like Nvidia.TSMCNVDASMH

TSMC, the world's largest contract chipmaker, reported record-high monthly revenue for August. The surge was attributed to sustained, strong demand for advanced semiconductors used in artificial intelligence applications.

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