TSMC Sales Jump 36% as Memory Stocks Plunge. What It Means for NVIDIA and AMD

TSMC kicked off the week with a major sales surge, reporting quarterly sales up 36%. June monthly revenue came in at roughly NT$442 billion, up 67.9% year over year, signaling strong demand momentum. The magnitude of growth is likely supportive for semiconductor supply chain sentiment and near-term stock performance.

Analysis

TSMC kicked off the week with a major sales surge, reporting quarterly sales up 36%. June monthly revenue came in at roughly NT$442 billion, up 67.9% year over year, signaling strong demand momentum. The magnitude of growth is likely supportive for semiconductor supply chain sentiment and near-term stock performance.