Key takeaways
- One company sits at the center of that shift, and its sales just jumped 60%.
- On Tuesday, it reported that October revenue rose 59.7% from a year earlier to about NT$586.9 billion.
- Revenue rose 41% to $46.7 billion in U.S. dollars, and the company kept 51 cents of every dollar of sales as profit.
U.S. imports of computer and electronic products from Taiwan have soared past imports from China, according to LPL Financial's analysis of Census Bureau data. TSMC, which makes most of the world's advanced AI chips, said Tuesday that October sales rose about 60% from a year earlier.
See the latest quote, chart and news for TSM.
