AI Magazine August 2026 Issue 47 | Page 14

THE MONTH IN AI

AI Magazine takes a look at some of the biggest stories that hit the headlines in July
WRITTEN BY: ADAM POND
TSMC DOMINATES AI CHIP-MAKING AS Q2 REVENUE RISES 36 %
Taiwanese semiconductor giant TSMC achieved record secondquarter growth as skyrocketing global demand for AI hardware fuelled its physical factory expansions. Taiwan is at the forefront of the AI boom, housing the world’ s largest contract chipmaker. Calculations from Reuters show its revenue came in at T $ 1.27tn( US $ 39.62bn).