By Gokhan Ergocun
ISTANBUL (AA) - Taiwan-based global semiconductor giant Taiwan Semiconductor Manufacturing Co's (TSMC) revenues increased by 28% in the first half of 2024 on a yearly basis.
According to the firm's statement on Wednesday, the firm's revenues totaled 1.26 trillion New Taiwanese dollar ($38.66 billion), up from 989.47 billion New Taiwanese dollar ($30.36 billion) in the Jan-June period 2023.
In June alone, the firm's revenues soared by 32.9% on a yearly basis to 207.86 billion New Taiwanese dollar ($6.4 billion).
Among TSMC's customers, there are tech giants, including Apple and Nvidia.
The price of the firm's shares rose around 85% during the last one year, from $100 to around $185.