on Monday reported a big sales jump for July, as demand for its artificial intelligence-related chips continued to strengthen. TSMC, the world's biggest chip manufacturer, reported revenue for July of 467.58 billion New Taiwan dollars ($14.5 billion), up 44.7% year on year. But the company's second-quarter earnings reported last month showed that high-performance computing, which is where TSMC books AI chip sales, accounted for 66% of revenue. European semiconductor stocks rose on Monday with ASML up more than 2%, and Infineon and STMicro also trading higher. Amid some of the market jitters around AI capex, semiconductor stocks have seen a recent sell-off.