🚨 🇹🇼TAIWAN’S ‘TSMC REVENUE SKYROCKETS 33% THANKS TO AI CHIP DEMAND

Taiwan's TSMC reported a 33.9% revenue surge in 2024, pulling in $87.8 billion, driven by AI chip demand for companies like Apple, Nvidia, Microsoft, and Amazon.

But geopolitical tensions loom large—the U.S. and China are battling over Taiwan’s chip supply.

TSMC is building new fabs in Arizona and Japan, with $6.6 billion in U.S. government backing.

TSMC controls over 50% of the global chip market, but AI’s explosion has made their chips critical infrastructure.

Source: Fortune