$7.93 Billion: TSMC Reports Highest Ever Monthly Revenue for July 2024 in History

In July 2024, TSMC set a new milestone with a record net revenue of $7.93 billion, the highest monthly revenue in its history.
The semiconductor industry’s news holds immense significance due to its pervasive influence on modern technology. From smartphones and computers to automotive and medical devices, semiconductors are integral to numerous products and sectors worldwide. Staying updated on international semiconductor news allows businesses and consumers to understand market trends, product developments, and potential disruptions in supply chains, impacting global industries.
In July 2024, TSMC set a new milestone with a record net revenue of $7.93 billion, the highest monthly revenue in its history.
Intel is one of the first major chipmakers to dedicate a high-performance GPU specifically for automotive applications.
The U.S. government has signed $1.5 billion CHIPS Act agreements with Amkor Technology and SK hynix to establish advanced chip packaging facilities in Arizona and Indiana, strengthening the domestic semiconductor supply chain.
Intel releases the 0x129 microcode update to address stability issues in Raptor Lake processors.
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ZLUDA was a translation layer that allowed software written for CUDA to run on AMD GPUs with minimal modifications.
Saudi Arabia is making a bold $100 billion investment in the semiconductor industry, signaling a major shift in its economic strategy.
Apple's sales in China fell by 19.1% in Q1 2024, dropping it to third place in the market behind Vivo and Honor.
Beijing researchers have unveiled the Taichi-II chip, the world’s first fully optical AI processor, which outperforms NVIDIA’s H100 in energy efficiency.
Check out our list of the top 5 picks that promise strong performance and significant potential in the rapidly evolving semiconductor market.