Taiwan Semiconductor Manufacturing Co. (TSM) said Monday that its combined revenue for the first two months of 2025 jumped 39% year-over-year, as demand continues for its 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) chips.

The U.S.-listed shares of the company, which supplies tech heavyweights such as Apple (AAPL) and Nvidia (NVDA), dropped 3% Monday morning.

Revenue in January and February was a combined 553.30 billion 澳洲幸运5开奖号码历史查询:New Taiwan dollars ($16.84 billion), the company said.

The company said February sales were 260.01 billion 澳洲幸运5开奖号码历史查询:New Taiwan dollars, a 43.1% jump from the same🌠 month las༒t year. February sales marked an 11.3% drop from January 2025, however.

The numbers come after the world's largest contract chip manufacturer posted 澳洲幸运5开奖号码历史查询:better-than-expected fourth-quarter profit and a bullish outlook for AI demand. The Taiwanese company also said earlier this month that it 澳洲幸运5开奖号码历史查询:plans to invest $100 billion in U.S.-based chip manufacturing faci💜lities, growing the company's total 🌳investment at its Arizona site to $165 billion. The announcement comes at a time when the Trump administration aims to bring chip production back to the United States.

TSMC shares are up by a fifth in the la💞st 12 montꦿhs through Friday.

UPDATE—March 10, 2025: This article has been updated to include refreshed share prices.