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No Slowing Down: Taiwan Semiconductor May Sales Leap 30% On Relentless AI Demand

Benzinga·
No Slowing Down: Taiwan Semiconductor May Sales Leap 30% On Relentless AI Demand

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM ) on Wednesday reported May 2026 revenue of 416.98 billion New Taiwan dollars, up 30.1% from a year earlier and 1.5% from April, extending the chipmaker’s strong growth momentum. The world’s largest contract chip manufacturer said consolidated revenue reached approximately 416.98 billion New Taiwan dollars in May, compared with 320.52 billion New Taiwan dollars in the same month last year and 410.73 billion New Taiwan dollars in April. Year-To-Date Revenue Rises 30% Revenue for the first five months of 2026 totaled 1.96 trillion New Taiwan dollars, an increase of 30.0% from 1.51 trillion New Taiwan dollars during the same period in 2025. The results underscore continued demand for advanced semiconductors used in artificial intelligence, high-performance computing, and other data-intensive applications. Broader Market Weakness Weighs On Taiwan Semiconductor Taiwan Semiconductor stock fell nearly 3% in premarket trading Wednesday as semiconductor stocks weakened alongside a broader risk-off move in U.S. equity futures. The premarket decline appears driven more by broader market sentiment than ... Full story available on Benzinga.com

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