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TSMC August 2023 Revenue Report

Daniel Nenni

Daniel Nenni

Admin
Staff member
HSINCHU, Taiwan, R.O.C. – Sep. 8, 2023 - TSMC (TWSE: 2330, NYSE: TSM) today
announced its net revenue for August 2023: On a consolidated basis, revenue for August 2023 was
approximately NT$188.69 billion, an increase of 6.2 percent from July 2023 and a decrease of 13.5
percent from August 2022. Revenue for January through August 2023 totaled NT$1,355.78 billion,
a decrease of 5.2 percent compared to the same period in 2022.

TSMC August Revenue Report (Consolidated):
TSMC August 2023 Revenue.jpg


TSMC Spokesperson:
Wendell Huang
Vice President and CFO
Tel: 886-3-505-5901

TSMC Deputy Spokesperson:
Nina Kao
Head of Public Relations
Tel: 886-3-563-6688 ext.712-5036
Mobile: 886-988-239-163
E-Mail: nina_kao@tsmc.com

Media Contacts:
Ulric Kelly
Public Relations Division
Tel: 886-3-563-6688 ext. 712-6541
Mobile: 886-978-111-503
E-Mail: ukelly@tsmc.com
 
As I mentioned, it is certainly possible that TSMC has a semi flat year versus the -26% one person suggested. :ROFLMAO:
 
Considering they were up 40% last year and down 5.2 so far this year. This really isn’t so bad. Hoping things pick up soon though
 
Wedbush analyst Matt Bryson said the results so far for TSMC’s third quarter—adding up July and August—are just ahead of analyst expectations. On Friday, the world’s largest third-party semiconductor chip manufacturer announced its sales numbers for August. TSMC’s revenue for the month fell 13.5% from the prior year and rose 6.2% from July.

Wedbush analyst Matt Bryson said the results so far for TSMC’s third quarter—adding up July and August—add up to 69% of analyst expectations for the third quarter, which is slightly ahead of the five-year historical average of 66% for September quarters.

“We see TSMC’s result as a good start to the quarter,” he wrote. TSMC dominates the market for high-end chips. It makes the main processors inside Apple iPhones, Qualcomm mobile chipsets, and processors made by Advanced Micro Devices.
 
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