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HomeMarket NewsTSMC monthly sales growth slows as AI demand moderates
Meta Platforms Inc., Alphabet Inc., Amazon.com Inc. and Microsoft Corp. will collectively spend more than $400 billion to fund an artificial intelligence buildout next year, a 21% hike from 2025, to secure leadership in the race in emerging technologies.
By Bloomberg November 10, 2025, 11:54:48 AM IST (Published)
Taiwan Semiconductor Manufacturing Co. reported slowing growth in its revenue in October, potentially another indication that AI demand is moderating as the market turns frothy.
Sales in October rose 16.9%, the slowest pace since February 2024. Analysts on average expect TSMC sales to increase 27.4% in the current quarter. Still, TSMC shares have gained about 37% since the beginning of this year.
Global tech stocks suffered a rout last week on investors’ growing unease over the sector’s sky-high valuations, with Wall Street chief executives warning of an overdue market correction. Michael Burry’s Scion Asset Management also disclosed bearish wagers on Nvidia Corp.
But industry executives remain buoyant about AI-driven growth.
Meta Platforms Inc., Alphabet Inc., Amazon.com Inc. and Microsoft Corp. will collectively spend more than $400 billion to fund an artificial intelligence buildout next year, a 21% hike from 2025, to secure leadership in the race in emerging technologies.
Chief Executive Officer Jensen Huang of Nvidia, which is the primary AI chip supplier to major companies, said on Saturday his business is “growing month by month, stronger and stronger.”
Huang met TSMC Chief Executive Officer C.C. Wei and asked for more chip supplies during his two-day whirlwind trip to Taiwan this time, when major chip designers are all chasing limited supplies from the Hsinchu-based company.
TSMC is also the go-to chipmaker for the Santa Clara, California-based firm’s competitors, including Advanced Micro Devices Inc. and Qualcomm Inc,. and it makes Apple Inc.’s silicon for iPhones and other gadgets.
Huang’s optimism is shared by his rivals. Qualcomm Chief Executive Officer Cristiano Amon told Bloomberg TV last week that the world is underestimating how big AI will get.
In October, Wei told analysts that TSMC’s capacity was still very tight and the company is working hard to narrow the gap between demand and supply.
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