TSMC: Sales in May increased by 30% year-on-year but decreased by 2.7% month-on-month.

Taiwan Semiconductor Manufacturing Company (TSMC) reported a 30% year-on-year increase in sales for May but experienced a 2.7% decrease compared to the previous month.

The company’s robust year-on-year growth reflects strong demand for semiconductor chips across various industries. However, the slight month-on-month decrease may indicate some short-term fluctuations in demand or production.

TSMC remains a key player in the semiconductor industry, supplying chips for various applications including smartphones, computers, automotive electronics, and more. Despite the monthly decline, the company continues to see healthy overall performance amidst global semiconductor demand.

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