Earnings

Apple chipmaker TSMC notches another quarterly sales record

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A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan.

Sam Yeh | AFP | Getty Images

Top chipmaker TSMC notched a new quarterly sales record at the end of 2021 boosted by continued demand from top clients including Apple and Qualcomm for semiconductors.

The Taiwanese foundry, which manufacturers chips for other companies, reported December revenue of 155.38 billion new Taiwan dollars (about $5.6 billion) — a record number for a single month, and up 4.8% from November.

For the fourth quarter, revenue totaled 438.18 billion new Taiwan dollars. That’s the sixth straight quarterly sales record TSMC has recorded.

Demand for semiconductors, which are key for everything from…



Source cnbc.com

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