Taiwan chip powerhouses see February sales soar on AI demand

iPhone makers and other consumer-focused electronics producers struggled

20240312N TSMC

TSMC, the world's largest contract chip foundry, saw sales reach a record high for February. © Reuters

HIDEAKI RYUGEN, Nikkei staff writer

TAIPEI -- Taiwan's tech industry was a study in contrasts in February, as major chipmakers such as TSMC thrived on strong demand for artificial intelligence-related products while companies involved more in consumer electronics dealt with falling sales.

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