TSMC $TSMB —this third-quarter financial report is truly remarkable.
Revenue reached NT$1.49 trillion, up 50.9% year over year. Net profit was NT$763.1 billion, up 68.7%, setting another record.
Even more impressive, gross margin reached 66.4% and net margin 51.1%. That means for every NT$100 in revenue TSMC earns, more than NT$51 becomes net profit.
3-nanometer process technology accounted for 33% of wafer revenue, while 2-nanometer had already contributed 8%. Advanced process technologies are becoming TSMC’s most important source of profit.
Its fourth-quarter revenue guidance was raised to US$52.3 billion–US$54.3 billion, higher than the third quarter’s figure.
One of the surest ways to make money in the AI industry right now may well be manufacturing advanced chips for global tech giants.
$TSMB
Revenue reached NT$1.49 trillion, up 50.9% year over year. Net profit was NT$763.1 billion, up 68.7%, setting another record.
Even more impressive, gross margin reached 66.4% and net margin 51.1%. That means for every NT$100 in revenue TSMC earns, more than NT$51 becomes net profit.
3-nanometer process technology accounted for 33% of wafer revenue, while 2-nanometer had already contributed 8%. Advanced process technologies are becoming TSMC’s most important source of profit.
Its fourth-quarter revenue guidance was raised to US$52.3 billion–US$54.3 billion, higher than the third quarter’s figure.
One of the surest ways to make money in the AI industry right now may well be manufacturing advanced chips for global tech giants.
$TSMB