Latest
Hot
TSMC's annual employee salary increases are based on several conditions, such as seniority and performance. The latest of these came out at a 5% maximum, indicating that not all employees would see a pay raise this year, and those that would have to contend themselves with a much lower raise than they had previously gotten.
Naturally, the news generated a mixed reaction from the employees, reports the United Daily News (UDN). Some of them wer...
Naturally, the news generated a mixed reaction from the employees, reports the United Daily News (UDN). Some of them wer...
4
Taiwan Semiconductor Manufacturing Company (TSMC) $Taiwan Semiconductor (TSM.US)$, the world's largest contract chipmaker, has recently released its financial report for the first quarter of 2023. The report revealed that the company's net revenue was NT$508.63 billion, representing an 18.7% decrease from NT$625.53 billion in the previous quarter and a 3.6% increase from ...
1
Taiwan Semiconductor Manufacturing Company (TSMC) $Taiwan Semiconductor (TSM.US)$ just released its 2023 Q1 earnings report. By the looks of it, they missed revenue by 1.9%, Act. 508 trillion TWD V.S. Est. 518 Trillion TWD and beat EPS by 6.8%, 7.98 TWD/share V.S. Est. 7.48 TWD/share. However, the most important message was buried in their earnings call: They were wrong about forecasting inventory corrections would bottom in Q2.
TSMC is the bellwether semiconductor industr...
TSMC is the bellwether semiconductor industr...
6
3
$Taiwan Semiconductor (TSM.US)$ released its much anticipated Q1'23 results.
There were surprises and also concerns.
Profits beat expectations after its chip margins held up better than anticipated, assuaging concerns about fallout from a plunge in global electronics demand.
But, the outlook continues to be lowered.
So what could we deduce from its Q1'23 earnings?
1. Topline grew YoY on Taiwan Dollar basis, lower in USD basis
Re...
There were surprises and also concerns.
Profits beat expectations after its chip margins held up better than anticipated, assuaging concerns about fallout from a plunge in global electronics demand.
But, the outlook continues to be lowered.
So what could we deduce from its Q1'23 earnings?
1. Topline grew YoY on Taiwan Dollar basis, lower in USD basis
Re...
+1
4
1
TSMC released its financial report for the first quarter of 2023 (as of March 2023). The main points are as follows:
![]()
1. On the income side: Both volume and price have fallen, and it is difficult to escape the vicious cycle. In the first quarter of 2023, TSMC. US revenue will reach US$16.72 billion, which is at the lower end of the performance guidance range (US$16.7-17.5 billion). Quarterly revenue has experienced a quarter-on-quarte...
4
$Taiwan Semiconductor (TSM.US)$ announced a better-than-anticipated net income for the first quarter, all thanks to resilient global chip demand that pushed their sales.
The company's net income increased 2.1% to T$206.99 billion, surpassing Reuters' estimated profit of T$192.5 billion. Net sales also grew 3.6% to T$508.63 billion, landing at the lower end of the January forecast range. As for EPS, it rose to T$7.98, compared to T$7.82 in the previous year.
But thei...
The company's net income increased 2.1% to T$206.99 billion, surpassing Reuters' estimated profit of T$192.5 billion. Net sales also grew 3.6% to T$508.63 billion, landing at the lower end of the January forecast range. As for EPS, it rose to T$7.98, compared to T$7.82 in the previous year.
But thei...
3
Taiwan Semiconductor Manufacturing $Taiwan Semiconductor (TSM.US)$, the world's largest contract chipmaker, predicted a 16% drop in sales next quarter due to higher inventory levels and a weakening global economy affecting demand. Despite the challenges, TSMC is investing in long-term demand, with expectations of hi...
3
1
TSMC is mulling to setting up an advanced packaging fab in Japan, according to sources at fab toolmakers. $Taiwan Semiconductor (TSM.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
3