TSMC posts record quarterly revenue

Chip manufacturer TSMC has achieved record turnover in the first quarter of this year. From the Yesterday’s sales report shows that the company generated 35.5 percent more turnover than in the same period last year.

TSMC reports revenue of 448.027 billion Taiwan dollars, about 14.25 billion euros, for the past quarter. It is not yet known how much will come out as gross profit, but it is estimated that this will be around 55 percent. The company breaks its previous record, set in the last quarter of 2021.

The high turnover is no surprise, TSMC recently announced that the production numbers of chips have increased considerably. In addition, Intel placed a large order for 3nm chips at the beginning of this year, and Apple had to pay more for 4nm production. TSMC can use the extra income well; the planned additional factory will cost the company around EUR 30 billion.

Source: TSMC

Source: Hardware Info Compleet by nl.hardware.info.

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