TSMC’s third-quarter revenue is expected to exceed expectations again

According to foreign media reports, chip foundry TSMC’s revenue this year has risen sharply year-on-year. The year-on-year growth rate of revenue in the first eight months is above 10%, and the highest increase is more than 50% in the second quarter. Exceeded their expectations.

Judging from the current situation, TSMC’s third-quarter revenue is also expected to exceed their expectations.

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In the second-quarter financial report released on July 16, TSMC expects revenue in the third quarter to be between US$11.2 billion and US$11.5 billion, with a gross profit margin of 50% to 52%.

TSMC has now announced its revenue for the first two months of the third quarter. July was 105.963 billion Taiwan dollars, and August’s revenue was 122.878 billion Taiwan dollars. The total revenue for these two months was 228.841 billion Taiwan dollars, equivalent to 7.822 billion US dollars.

Revenue in the first two months of the third quarter was US$7.822 billion, which is only a gap of US$3.678 billion from TSMC’s estimated third-quarter revenue of US$11.5 billion.

The revenue of TSMC in July and August was respectively 3.622 billion U.S. dollars and 4.2 billion U.S. dollars when converted into U.S. dollars. Given the large-scale shipments of 5nm chips from Apple and Huawei, September’s revenue is unlikely to be lower than In July, it may be higher than August.

From 2017 to 2019, TSMC’s September revenue was significantly higher than that of July, and the lowest year was NT$16.959 billion, equivalent to US$580 million.

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