Taiwan Semiconductor Manufacturing Company (TSMC) generated approximately $46.7 billion in total revenue during the July-September period. The company's consolidated revenue in September rose 54.6% year on year to 511.86 billion New Taiwan dollars ($16.03 billion), despite declining 0.6% from August.
Investments in artificial intelligence infrastructure and demand for advanced processors used in data centers contributed to the revenue performance of TSMC, the world's largest contract chipmaker. The company manufactures chips for companies such as Nvidia and Apple.
August revenue also rose year on year
TSMC's revenue in August increased 10.1% from July to approximately $16.12 billion. According to the company's official monthly revenue data, sales that month were up 53.3% compared with August of the previous year.

TSMC will announce third-quarter results on October 15
TSMC shares fell 1.35% in Taiwan before the company released its monthly revenue data. TSMC will announce its third-quarter financial results, including details on profitability and its business outlook, on October 15.