TSMC Rebounds as August Sales Smash NT$500 Billion

This article first appeared on GuruFocus. Taiwan Semiconductor Manufacturing (NYSE:TSM), the world's leading contract-chip producer, jumped approximately 1.7% to $435.24 Friday after reporting record August revenue of NT$514.81 billion. The stock's rebound put investors' attention squarely back on the relentless demand powering the AI-chip supply chain. Warning! GuruFocus has detected 2 Warning Sign with META. Is TSM fairly valued? Test your thesis with our free DCF calculator.TSM GF Value chart August sales climbed 53.3% from a year earlier and 10.1% from July's NT$467.58 billion. Revenue for the first eight months reached NT$3.387 trillion, up 39.3%, with August alone generating roughly 15.2% of that total. This is no gentle expansion.