TSMC (TSM) Reports 40% Revenue Surge in May as AI Chip Demand Booms

TSMC (TSM) Reports 40% Revenue Surge in May as AI Chip Demand Booms
Taiwan Semiconductor Manufacturing Company (NYSE:TSM) saw a 40% revenue increase in May driven by high demand for AI chips. The company supplies tech giants like Apple and Nvidia and is expanding its capacity and technology to meet growing demands in the AI market. CEO C.C.