Investing.com-- Taiwan Semiconductor Manufacturing Co (TW:2330) on Monday reported a 43.1% jump in its February 2025 revenue amid robust demand for its chips used in artificial intelligence applications.
The company’s revenue reached NT$260.01 billion ($7.91 billion) in February, a 43.1% increase from NT$181.65 billion in the same month last year.
The chipmaking giant’s revenue for the first two months of 2025 totaled NT$553.30 billion, marking a 39.2% rise from the corresponding period in 2024, the company said in a statement.
TSMC, the world’s largest contract chipmaker, continues to benefit from strong demand for advanced semiconductor technologies, driven by artificial intelligence (AI) and high-performance computing applications.
However, the month-on-month revenue dropped 11.3% in February from NT$293.29 billion in January, highlighting seasonal factors and potential inventory adjustments across the industry.
TSMC’s financial results are closely watched as a key indicator of global semiconductor demand, with the company supplying chips to major firms such as Apple Inc (NASDAQ:AAPL) and NVIDIA Corporation (NASDAQ:NVDA).