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2026-09-10T11:52:42.725Z

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Asian stocks drop as Brent stays above $100

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23 Hrs2026-09-10T07:16:19.286Z
Asian stocks drop as Brent stays above $100
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TSMC August revenue rises over 53%

TSMC August revenue rises over 53%

Taiwan Semiconductor Manufacturing Company (TSMC) announced a record monthly revenue in August, reaching 514.8 billion New Taiwan Dollars (equivalent to $16.35 billion USD), marking a 53.3% increase from the previous year and a 10.1% rise compared to July, driven by strong demand for AI chips. The company recorded growth for four consecutive months and maintained its dominant market share at 72.5% in the global chip manufacturing industry. The surge in demand for AI server processors has resulted in full capacity bookings for 5, 4, and 3-nanometer technologies. Additionally, the company revealed plans to incorporate "High NA" technology from ASML into advanced manufacturing processes starting in 2030, in order to meet the growing need for more complex transistor architectures in AI applications.

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