TSMC’s 36% Sales Jump Highlights AI Demand Outpacing Memory Slump

TSMC reported a 36% jump in quarterly sales to about NT$442 billion, signaling that AI-chip demand remains strong even as memory stocks slump. NVIDIA, its top customer, posted revenue of US$81.6 billion (up 85% YoY), while AMD’s Data Center revenue rose 57% but its shares fell on the session amid broader semiconductor volatility. TSMC’s N3 capacity is reportedly sold out and three new Chiayi packaging facilities are expected to lift annual output by over NT$300 billion and create about 9,000 jobs, underscoring a supply-constrained AI supply chain. Memory names like SK Hynix slid ~13% on oversupply concerns, illustrating divergent trends within the chip market as AI demand remains robust.