New Delhi, June 15 -- Taiwan Semiconductor Manufacturing Co. (TSMC) has further solidified its dominance in the global pure-play wafer foundry market, growing its market share to 67.6 per cent in the first quarter of this year, according to a report by Taipei-based research firm TrendForce Corp, reported by Focus Taiwan.

Although TSMC's revenue declined by 5 per cent quarter-on-quarter to USD 25.52 billion due to seasonal slowdowns, the company's market share still edged up from 67.1 per cent in the previous quarter. TrendForce attributed this performance to continued strong demand for artificial intelligence (AI) and high-performance computing (HPC) applications, as well as accelerated client orders seeking to mitigate risks from ongoin...