TSMC May revenue rises 40% on robust AI chip demand

Taiwan Semiconductor Manufacturing Company (NYSE:TSMC), the world's leading contract chipmaker, announced a nearly 40% year-over-year surge in May revenue, driven by sustained high demand for its artificial intelligence (AI) chips.

The company, a crucial supplier to tech giants like Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA0, reported May revenue of 320.52 billion New Taiwan dollars (approximately $10.70 billion USD).

This figure marks a significant 39.6% increase compared to May of the previous year, underscoring the ongoing strength in the AI sector.

While May's revenue showed a slight 8% dip from April's figures, the broader trend remains exceptionally positive.

TSMC's revenue for the first five months of 2025 reached NT$1.51 trillion, representing a robust nearly 43% increase over the same period last year.

Meanwhile, U.S.-listed shares of TSMC were up more than 2% in premarket trading following the announcement, extending their year-to-date gains which stood at 5% heading into Tuesday.