TSMC October 2023 Revenue Report!

[Daniel Nenni]

HSINCHU, Taiwan, R.O.C. – Nov. 10, 2023 - TSMC (TWSE: 2330, NYSE: TSM) todayannounced its net revenue for October 2023: On a consolidated basis, revenue for October 2023was approximately NT$243.20 billion, an increase of 34.8 percent from September 2023 and anincrease of 15.7 percent from October 2022. Revenue for January through October 2023 totaledNT$1,779.41 billion, a decrease of 3.7 percent compared to the same period in 2022.

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

 

[Mooredaddy]

Wow. Just wow. Pretty outstanding. 3nm starting to show up now I reckon

 

[Barnsley]

Hope there is some trickledown economics in play!!!

 

[Mooredaddy]

Hope there is some trickledown economics in play!!!

You mean to other foundries? Doubtful. I expect UMC to struggle into next year

 

[Daniel Nenni]

TSMC reported third-quarter revenues of US$17.3 billion in 2023, with a net profit of $6.7 billion. Advanced processes—namely 7nm and above—accounted for 59% of total wafer revenues. TSMC expects IC design inventories to continue to decrease and reach a healthier level by the end of the 4Q23, with preliminary signs of demand stabilization in the PC and smartphone end markets.

GlobalFoundries reported 3Q revenues decreased by 11% to US$1.85 billion, with a net profit of $249 million. GlobalFoundries has been assisting customers with excess order volumes to reduce unused inventory. This means its factories are not currently running at full capacity, which should shorten the overall industry downturn. GlobalFoundries also noted that the global chip industry's oversupply situation is easing, and it expects 4Q revenues to exceed the company's previous forecasts.

UMC announced its 3Q operating report for 2023, with consolidated revenues of $1.77 billion, a 24.3% YoY decrease. UMC expects short-term demand in the computer and communications sectors to gradually recover in the fourth quarter, while the automotive market remains challenging, with customers still managing inventory levels cautiously.

SMIC reported third-quarter revenues of $1.62 billion in 2023, a 15% decrease YoY but a 3.9% QoQ increase. SMIC's overall shipments continued to grow, with a 9.5% quarterly increase, but the average capacity utilization rate fell by 1 percentage point to 77.1%. The monthly production capacity increased from approximately 754,000 8-inch equivalent wafers in the second quarter to about 796,000 in the third quarter. Additionally, SMIC has increased its capital expenditures for the year to around $7.5 billion, a 26% YoY increase.

 

[VCT]

2023 Oct 243,202,811
2022 Oct 210,265,633
2021 Oct 134,539,477
2020 Oct 119,302,707

 

[Daniel Nenni]

Revenue was USD 233.8 million, up 24% year-on-year (YoY) and 3% quarter-on-quarter (QoQ); including USD 10.4 million of revenues recognized over time according to IFRS 15

X-FAB Third Quarter 2023 Results

Regulatory News: X-FAB Silicon Foundries SE (BOURSE:XFAB) Highlights Q3 2023: › Revenue was USD 233.8 million, up 24% year-on-year (YoY) and 3% quarte

www.businesswire.com

 

[Barnsley]

You mean to other foundries? Doubtful. I expect UMC to struggle into next year

They spend more money on their suppliers!