TSMC sees 40% y-o-y revenue increase in Q2, unveils “Wafer Foundry 2.0” concept

TSMC sees 40% y-o-y revenue increase in Q2, unveils “Wafer Foundry 2.0” concept
The firm’s 3nm process revenue accounted for 15% of the total.TSMC on Thursday announced its financial results for the second quarter of 2024, reporting a 40.1% year-on-year revenue increase. The Taiwan-based chip foundry also stated that it has raised its full-year revenue and capital expenditure targets for 2024. The firm’s earnings call was also remarkable for TSMC CEO C.C. Wei introducing the new concept of […]

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