On October 11, TSMC's stock price plunged , plummeted 8.3%, and the closing price was only 401 New Taiwan dollars , setting the largest drop in history.
Since the beginning of this year, TSMC's stock price has almost halved, with its current market value of only US$347.9 billion. The market value of more than US$640 billion at the beginning of the year has lost more than US$300 billion, equivalent to more than RMB2 trillion.
Before the semiconductor production capacity was tight, TSMC's stock price soared like a rocket. 's market value in 2019 was only US$200 billion, up 2-3 times in one or two years, and now it has fallen by half, but it still doubled compared to three years ago.
While the stock price plummeted, TSMC's performance has been rising, with revenue exceeding analysts' expectations to reach $19.4 billion, and earnings in the third quarter of 2022 were 48% higher than the same quarter last year.
Due to the sharp rise in revenue, TSMC is expected to become the newest leader in the global semiconductor market, with revenue exceeding Samsung and Intel. This is the third reshuffle of the world's semiconductor number one in 30 years. Intel has monopolized for more than 20 years and has been dominated by Samsung in the past two or three years. Next is TSMC's highlight moment.
Source: Kuai Technology
