Foundry leader TSMC (2330-TW) announced today (10) that its October revenue was 134.59 billion yuan. Due to lack of materials, customers’ demand for goods was disturbed. Revenue decreased by 11.9% month-on-month and increased by 12.8% year-on-year, still the fourth in history. High; revenue for the first 10 months was 128.765 billion yuan, an annual increase of 17%.
Calculating from the financial estimates, the legal person estimates that TSMC’s monthly revenue in November and December still has a chance to break through 150 billion yuan and continue to record high.
TSMC estimates that revenue in the fourth quarter will reach 15.4-15.7 billion U.S. dollars, and continue to write a new report. Based on 1 U.S. dollar to 28 New Taiwan dollars, the New Taiwan Dollar revenue is estimated to reach 431-2439.6 billion yuan, an increase of 4-6% on a quarterly basis. , The gross profit margin will also grow compared to the third quarter, maintaining above 50%.
TSMC said that in the fourth quarter, driven by strong demand for advanced processes such as 5nm, revenue is expected to continue to grow, resulting in an annual growth rate of 24% in US dollar revenue for the whole year.
TSMC yesterday (9) announced the investment of 12-inch factories in Taiwan and Japan. Taiwan will settle in Kaohsiung and Kumamoto Prefecture in Japan, and construction is scheduled to start in 2022. Among them, the new Japanese factory will be a joint venture with Sony Semiconductor, and will receive support from the Japanese government.
Regarding TSMC’s announcement of large-scale plant expansion in the two places, many foreign investors are eager to buy. Foreign investors in the United States believe that TSMC’s estimated capital expenditure of Japanese plants is about 7 billion U.S. dollars, indicating that there is still room for upward adjustment of total capital expenditure in the next three years. Equal to the target price of 1028 yuan.
According to the news of the semiconductor boom, President Wei Zhejia also reiterated recently that the tight production capacity will continue into next year, and emphasized that the supply chain will maintain a high inventory level for a period of time. The semiconductor industry has previously released that the semiconductor industry is facing inventory adjustments and potential cut orders. Doubts and other views.
