TSMC sales growth slows in October
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The news: Taiwan Semiconductor Manufacturing Co (TSMC) reported slowing growth in monthly revenue as concerns about the longevity of the AI boom weigh on leading tech stocks.
The numbers: TSMC saw revenue for October 2025 reach approximately NT$367.47 billion, an increase of 11% from September 2025 and an increase of 16.9% from October 2024, the company said on Monday, marking its slowest pace since February 2024.
The context: Despite last week’s tech slump, prompted by concerns that the rally in AI and semiconductor stocks is wavering and that a market correction is due, industry executives remain positive about further growth.
CEO Jensen Huang of Nvidia, which is the primary AI chip supplier to major companies, said on Saturday his business is “growing month by month, stronger and stronger.”
TSMC is the leading chipmaker for California-based firms including Advanced Micro Devices and Qualcomm, and manufactures Apple’s silicon for iPhones and other devices.
The source: TSMC
