Chips and hardwareUpdated Yesterday

TSMC's October sales rose 60% to $17.9 billion.

October brought TSMC $17.9 billion in sales, up 60%, amid strong demand for AI chips. Bloomberg called the increase a sign of resilient demand and pointed to TSMC’s central role in the global build-out of AI infrastructure. Asharq Business’s Arabic report added a less comfortable note: concerns about the cost of data centers. The AI boom is showing up in chip sales, while the cost of the infrastructure around it is also in the picture.

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Coverage started Yesterday