On Thursday, TSMC, a significant supplier to Apple and a prominent Taiwanese contract chipmaker, predicted a 10% annual revenue growth in the global semiconductor sector, excluding memory chips.
Senior Vice President Cliff Hou, addressing an event in Hsinchu, the company’s headquarters, described the current era as a fresh opportunity-rich period with AI.

TSMC anticipates that second-quarter sales could increase by up to 30%, driven by the surging demand for semiconductors utilized in artificial intelligence (AI) applications.