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TSMC’s revenue in February fell by 18.4% compared with January, the lowest in nearly a year

TSMC, the leading wafer foundry, announced its financial report for February 2023 on the 10th. The revenue amount was approximately NT$163.174 billion, a decrease of 18.4% from January and an increase of 11.1% from the same period in 2022. It was the lowest revenue in the past year. . Cumulatively, the revenue in the first two months of 2023 will be approximately NT$363.225 billion, an increase of 13.8% over the same period in 2022.

According to the forecast at TSMC’s previous law conference, TSMC’s outlook for the first quarter of 2023 is that the consolidated revenue is expected to be between US$16.7 billion and US$17.5 billion. Calculated at the exchange rate of NT$30.7 to US$1, the revenue amount is approximately US$512.69 billion to US$1. 537.25 billion yuan, down 14.1%~18% from the fourth quarter of 2022. Gross profit margin ranges from 53.5% to 55.5%, and operating margin ranges from 41.5% to 43.5%. Therefore, based on the revenue of 363.225 billion yuan in the first two months of the first quarter, the revenue in March must exceed 149.5 billion yuan to achieve the financial forecast.

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