Cailianshe October 13th (Editor Zhou Ziyi) On Thursday, TSMC released its third-quarter financial report, and a series of data such as profits and revenue exceeded analysts' expectations. In the face of the global chip market being cold, TSMC still showed its outstanding profitability.
The company announced on Thursday that in the quarter ended September, its net profit increased to NT$280.9 billion (approximately US$8.8 billion), higher than the average estimate of NT$264.66 billion by industry analysts; sales of NT$613.14 billion, estimated NT$604.52 billion, and increased NT$547.9% year-on-year and 14.8% month-on-month; gross profit margin in the third quarter was 60.4%, estimated NT$58.9%.
In the third quarter, the shipments of 5-nanometer semiconductors accounted for 28% of the total wafer revenue; the shipments of 7-nanometer semiconductors accounted for 26%.
Some analysts said that the company's dominance in the world's advanced chip manufacturing technology has enabled its order volume to be maintained at a large scale.
TSMC is the world's largest foundry chip manufacturer, producing chips for companies such as Qualcomm , Apple and Nvidia. A large part of these companies' consumer products are sold to the mainland Chinese market.
challenges continue to
At present, TSMC, the leader in the semiconductor industry, has been placing a bet on a larger scale and more advanced manufacturing technology to meet the biggest challenges of the global market in recent years.
The prospects for the global consumer electronics industry have begun to become bleak. The impact of rising interest rates, soaring inflation and concerns about the possible recession of the global economy, the macroeconomic shock has suppressed consumer demand and corporate spending, and demand for electronic products is slowing down.
Since the beginning of this year, TSMC's stock price has fallen by nearly 36%. Its market value is currently around US$320 billion. The share price per share closed at NT$397.5 on the 12th. Analysts at Fubon Research, an industry research firm, pointed out in a report this week that recent U.S. chip restrictions have made it difficult for manufacturers to transfer inventory. For TSMC, about 5%-8% of total sales may be affected, and TSMC is expected to lower its growth target in the next few years.
"2023 will be a year of growth"
On Thursday, TSMC lowered its full-year capital expenditure forecast for 2022 to $36 billion, previously expected to $40 billion to $44 billion. The company still expects sales to grow by about 30% in US dollars in 2022.
TSMC expects its performance in the fourth quarter to be mediocre, with sales ranging from US$19.9 billion to US$20.7 billion; gross profit margin range ranging from 59.5% to 61.5%, and outside estimates 57.9%.
TSMC President Wei Zhejia mentioned on Thursday that TSMC's target process product portfolio will continue to increase next year, and 2023 will be the year for the company's growth.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-