TSMC beats estimation with $20.23 billion in 2022 Q3, gives conservative guidance for next quarter · TechNode

Chip producer TSMC introduced income of $20.23 billion for the third quarter on Thursday, a 35.9% yearly progress, beating the agency’s personal estimate. Internet revenue to shareholders of the mother or father firm recorded 280.87 billion New Taiwan {dollars} ($8.81 billion), rising by 18.5% from the final quarter and 79.7% from final 12 months. Revenues from 5 nm and seven nm accounted for 54% of the corporate’s total income. By way of chip utilization, the smartphone enterprise took the lead, accounting for 41% of the revenues, whereas high-performance computation comes subsequent, taking 39% of the income. TSMC estimated its revenues to develop 0.4% within the subsequent quarter. C. C. Wei, CEO of the agency, said that because of the weak calls for of non-public computer systems and smartphones and semiconductor stock changes, TSMC’s 7 nm manufacturing capability utilization was affected, which might be relieved within the second half of 2023. [UDN, in Chinese]