TSMC announced its July revenue was NT$467.58 billion (approximately US$14.5 billion), a year-over-year increase of 44.7%, exceeding the company's full-year revenue growth guidance of 40%. As a chip supplier for tech giants such as NVIDIA and Google, TSMC's financial data is considered an important indicator of AI semiconductor demand. Despite the high volatility in semiconductor industry demand, TSMC Chairman C.C. Wei stated that AI-related demand remains strong. Previously, TSMC noted in its second-quarter earnings report that high-performance computing (to which AI chip sales are attributed) accounted for 66% of its revenue.