#TSMCRevenueHitsRecordHigh


TSMC just had another record month because of all the orders they are getting for Artificial Intelligence. The company made about NT$TSMbillion in July. This is a lot more than they made year at the same time. About 44.7% more. They also made about 5.6% more than they did in June.

The reason they are doing well is because a lot of people want Artificial Intelligence chips and they do not have enough space to make them all. This means they can charge a lot of money for the chips they do make.

The numbers they released are really strong. They did not just have a one time boost. They have been doing well for a while now. When you look at how they made this month compared to last month and last year you can see that they are still growing
TSM-0.44%
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#TSMCRevenueHitsRecordHigh
TSMC just had another record month because of all the orders they are getting for Artificial Intelligence. The company made about NT$467.6 billion in July. This is a lot more than they made year at the same time. About 44.7% more. They also made about 5.6% more than they did in June.

The reason they are doing well is because a lot of people want Artificial Intelligence chips and they do not have enough space to make them all. This means they can charge a lot of money for the chips they do make.

The numbers they released are really strong. They did not just have a one time boost. They have been doing well for a while now. When you look at how they made this month compared to last month and last year you can see that they are still growing.

The problem is that they do not have room to make all the chips they need to. This means they cannot make many chips as they want to even if people are willing to pay for them.. They are still making a lot of money from the chips they do make.

If you look at the stock chart for TSMC you can see that the price is going up. It is currently around 422. The price is higher than the price over the last 50 days and the last 200 days. There is a lot of resistance around 436-440 which means it might be hard for the price to go up more. But the indicators are looking good. The RSI is in the 50s and the MACD is going up.

So what does all this mean? The fact that TSMC is making much money from Artificial Intelligence chips is a good sign, for the company. The stock chart is also looking good. It is still recovering from the last time it went down. What happens next will depend on if the company can keep making a lot of money and if they can make chips.

My view is that TSMC is doing really well now. They made a lot of money in July. The stock chart is looking good. But this is my opinion. I am not telling you to buy or sell the stock.

#TSMCRevenue #AIDemand #Semiconductors
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