Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, reported a significant 16.5% rise in its first-quarter revenue, reaching $18.5 billion, which exceeded market expectations and the company's own forecasts. This growth is attributed to the booming demand for AI applications, marking the company's fastest revenue increase since 2022. TSMC's monthly revenue in March alone surged by 34.3% year-on-year to $6.1 billion, showcasing the accelerating demand for semiconductor technology. Additionally, TSMC plans to build cutting-edge chip fabrication plants in Kaohsiung City, Taiwan, which has led to a significant increase in local housing prices, up 20%-30% year-on-year in the first quarter, with an 80% rise over the past 2.5 years. The company also disclosed its top seven customers for 2023, with Apple leading at 25% of revenue, followed by Nvidia (11%), AMD (7%), Qualcomm (7%), MediaTek (5%), Broadcom (5%), and Intel (4%). TSMC expects revenue growth of at least 20% in 2024 and has budgeted a capital expenditure (capex) of $28B-$32B.
TSMC's Record Monthly Revenue Surge Amid AI Chip Boom #AI #artificialintelligence #Competition #Electronics #investor #llm #machinelearning #Nvidia #revenue #Semiconductor #TSMC https://t.co/8yNu9XDg7Y https://t.co/RbbhkPHjZ8
The world's largest contract chipmaker, TSMC reported a 16.5% rise in first-quarter revenue as the Taiwanese company benefited from a surge towards AI, helping it weather the tapering off of pandemic-led demand https://t.co/5YkCtO5MZq https://t.co/cwShGbhhDG
TSMC revenue shoots up amid global demand for chips https://t.co/2p2TaBnh6d
TSMC sees semiconductor bounce as Q1 revenues rise 16.5% https://t.co/eNzpceGGS6
The world's largest contract chipmaker, TSMC reported a 16.5% rise in first-quarter revenue as the Taiwanese company benefited from a surge towards AI, helping it weather the tapering off of pandemic-led demand. More here https://t.co/aoEbwSplt6 https://t.co/AHXSsfX7hv
TSMC's $TSM Q1 sales rose to NT$592.64B (US $18.54B), an increase of ~16.5% YoY. March sales rose 34.3% YoY and 7.5% MoM to NT$195.21B (US $6.07B). $NVDA $AMD $AVGO $AAPL $QCOM
$TSM (-0.6% pre) TSMC posts fastest monthly revenue growth since 2022 on AI chip boom - CNBC https://t.co/r4NwcMxXX7
Taiwan chipmaker TSMC reported a 16.5% rise in first-quarter revenue, beating market expectations and at the high end of the company's own guidance as its sales boom on demand for AI applications https://t.co/5YkCtO5f9S https://t.co/79z7SZeFb4
TMSC Q1 revenues up 16.5% to NT$592.64M [$18.5B] Company to report full Q1 earnings next week on Thursday, 18th April 2024. $TSM $TSMC https://t.co/ySpuGgKeD0
TSMC March sales jump 34% to $6.1 bln https://t.co/YQB8iPxO4X https://t.co/8AgzP1Z7Wt
Taiwan chipmaker TSMC reported a 16.5% rise in first-quarter revenue, beating market expectations and at the high end of the company's own guidance as its sales boom on demand for AI applications. More here https://t.co/aoEbwSplt6 https://t.co/EAI22h6b3N
$TSM just reported revenue for Jan-March +16.5% YoY, BUT March revenue +34.3% YoY and +7.5% MoM; things are starting to heat up.
Chipmaker TSMC posts sharpest increase in sales since 2022 following AI boom https://t.co/4DWBrUpbu2
Breaking down $545 billion in semiconductor revenue 2023 (% of Industry Revenue): 🇺🇸 Intel: 9.4% 🇺🇸 NVIDIA: 9.0% 🇰🇷 Samsung Electronics: 8.1% 🇺🇸 Qualcomm: 5.7% 🇺🇸 Broadcom: 5.2% 🇰🇷 SK Hynix: 4.4% 🇺🇸 AMD: 4.1% 🇺🇸 Apple: 3.4% 🇩🇪 Infineon Tech: 3.2% 🇪🇺 STMicroelectronics: 3.2% 🇺🇸…
TSMC posts fastest monthly revenue growth since 2022 on AI chip boom https://t.co/To9yhPT5kD
TSMC reported March revenue of 195.2 billion New Taiwan dollars ($6.1 billion), a 7.5% MoM and a 34.3% YoY increase, the fastest growth rate since November 2022. TSMC's Q1 revenue hit T$592.64 billion ($18.54 billion), up from $16.72 billion in the year-ago period. The result…
$TSM sales beat expectations, rising 16.5% during the quarter to NT$592.64bn, but rose 34% during the month of March on a y/y basis to NT$195.21bn (acceleration) $NVDA $AMD
TSMC reports Q1 revenue up 16.5% YoY to $18.5B and expects revenue to grow at least 20% in 2024, reversing 2023's slight decline, and budgets capex of $28B-$32B (@leejane71 / Bloomberg) https://t.co/Ap5DYEt4Un 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/nJB8T0WWhi
TSMC's Q1 revenue rise beats market expectations on AI boom https://t.co/bNFqFOEFxl https://t.co/MiZHwvjahs
TSMC’s Sales Surge Most Since 2022 After Riding AI Chip Boom - BBG https://t.co/xseQc5UFvO
TSMC’s quarterly revenue grew at its fastest pace in more than a year https://t.co/QuUtX9xeCJ
TSMC's monthly revenue in March +34.3% year-on-year to NT$195.21 billion. 1st Quarter revenue +16.5% to NT$592.64 billion, beating guidance. TSMC did not announce Q1 revenue, but it did provide Jan.-March combined monthly revenue. Thread 1/2 $TSM $AAPL $NVDA $QCOM $AMD $AVGO…
Just in. TSMC 1Q revenue narrowly beat guidance More 👇 https://t.co/36kFEfWtVg
TSMC’s Top 7 Customers in 2023, media report, citing unnamed investors 1. Apple 25% of revenue 2. Nvidia 11% 3. AMD 7% 4. Qualcomm 7% 5. MediaTek 5% 6. Broadcom 5% 7. Intel 4% Others: 36% 1/2 $TSM $AAPL $NVDA $AMD $QCOM $AVGO $INTC
TSMC’s plan to build cutting-edge chip fabs in Kaohsiung City, Taiwan, sent housing prices there up 20%-30% year-on-year in the 1st quarter, media report, adding housing prices there are up 80% over the past 2 ½ years. Land and housing prices are rising as people expect TSMC…