Semiconductors
TSMC Sales Soar 34% on AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 34% year-over-year increase in November sales, driven by strong demand for its AI-focused chips. The company, a key supplier to tech giants like Apple and Nvidia, posted $8.48 billion in revenue for the month. Despite the robust year-over-year growth, November sales marked