According to a report by Bloomberg, Taiwan Semiconductor Manufacturing Company (TSMC) saw its sales in November increase by 34% compared to the same period last year, demonstrating strong performance due to sustained demand for artificial intelligence (AI). Despite concerns in the market about a slowdown in data center construction, TSMC's sales remain robust.
Statistics show that TSMC's sales reached NT$276.1 billion (approximately US$8.5 billion) in November. In the combined sales for October and November, TSMC's sales increased by 31.4% year-on-year. Analysts expect TSMC's sales in the current quarter to grow by 36.3%. Meanwhile, TSMC's stock price has risen by about 80% so far this year.
As a key chip supplier for Apple and NVIDIA, TSMC is seen as a bellwether for AI data center construction. Since the launch of ChatGPT at the end of 2022, TSMC and other AI hardware suppliers have benefited from large-scale spending by major tech companies such as Microsoft and Amazon on servers and data centers.
However, investors are concerned about the returns on these expenditures, as there is currently a lack of killer AI applications in the market. Nevertheless, TSMC's competitors, Samsung Electronics and Intel, face challenges in attracting customers, and analyst Charles Shum believes that TSMC may have stronger pricing power in the future. As the AI sector continues to evolve, TSMC seems to be in a more favorable position, despite the overall market outlook remaining uncertain.
In this context, TSMC demonstrates strong market competitiveness and solid financial performance, particularly driven by ongoing AI demand. How TSMC responds to market challenges in the future will become a focal point of industry attention.
Key Points:
🌟 TSMC's November sales increased by 34% year-on-year, reaching NT$276.1 billion.
📈 Analysts expect a 36.3% increase in sales for the current quarter.
🤖 AI demand continues to drive TSMC's performance, despite concerns about investment returns.
