Taiwan Semiconductor Manufacturing Co., known as TSMC, reported $13.2 billion in revenue for May. That marks a 30% increase compared to the same month last year, according to the company's latest financial data.
A strong year-over-year gain
The chipmaker's May revenue reached $13.2 billion, a 30% jump from May 2023. TSMC did not specify which product lines or customers drove the growth, but the figure adds to a stretch of strong monthly results for the company.
What lies ahead
TSMC is expected to release its June revenue figures next month. That report will complete the company's second-quarter data and give a fuller picture of demand for its semiconductors.
