Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue as investors debate the sustainability of an artificial intelligence boom that has propelled the stocks of customers like Nvidia Corp. this year.
TSMC posted a 16.9% rise in sales for October, the slowest pace since February 2024. Still, that is on track with the average analyst estimate of a 16% sales increase in the current quarter. TSMC's American depository receipts were up 3.1% by close of Monday trading.
Industry executives remain buoyant about AI-driven growth as major tech firms are accelerating investments in data centers. The TSMC revenue gain covers just a single month of business, offering investors less insight.
Still, the market is on edge.
Investors were jolted last week by a sudden slump i

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