TSMC reported September revenue of NT$511.86 billion ($16.03 billion) on 8 October, up 54.6% from a year earlier but down 0.6% from August, Anadolu reported.
Key points
- Third-quarter revenue was about NT$1.49 trillion, above the NT$1.46 trillion analyst estimate reported by Startup Fortune.
- September sales slipped from August’s monthly high of NT$514.8 billion.
- TSMC had guided to a third-quarter gross margin of 65% to 67% before its full results on 15 October.
September sales follow August’s monthly high
September’s small month-on-month decline followed a 10.1% rise in August revenue from July, to about $16.12 billion. August sales were 53.3% higher than a year earlier, according to the company figures reported by Anadolu. TSMC’s latest monthly release therefore pairs a steep annual increase with revenue slightly below the preceding month.
TSMC recorded a monthly revenue high of NT$514.8 billion in August, Startup Fortune reported. The September figure of NT$511.86 billion came close to that level without exceeding it. The two months together account for much of the July-to-September period, for which TSMC has now reported its total revenue.
TSMC makes chips for customers including Nvidia and Apple. Investment in AI infrastructure and demand for advanced processors used in data centres have benefited the company, Anadolu reported. The monthly figure is TSMC’s consolidated revenue.
Third-quarter revenue reaches NT$1.49 trillion
Revenue for the third quarter came to approximately NT$1.49 trillion, CNBC reported. Startup Fortune put the analyst expectation at NT$1.46 trillion. That comparison concerns sales for the whole quarter, while the 54.6% annual increase applies to September alone.
The publications gave different dollar figures for the quarter. Anadolu reported approximately $46.7 billion in July-to-September revenue. Startup Fortune reported roughly $48.4 billion for the same period and put annual growth at 51%. Both publications gave the quarterly revenue in their accounts of TSMC’s September figures.
Before the monthly release, TSMC had guided to third-quarter revenue of $44.6 billion to $45.8 billion, TECHi reported. Its guidance also called for a gross margin of 65% to 67% and an operating margin of 56% to 58%. Those profitability measures form part of the full quarterly results rather than the monthly sales figures.
Startup Fortune put TSMC’s share of the global foundry market at roughly 72.5% in the second quarter. The company manufactures chips designed by other businesses, placing its production capacity between customers’ processor plans and the data-centre spending that supports demand for those products.
TSMC commits to ASML’s High NA machines
TSMC committed in September to using ASML’s High NA extreme ultraviolet lithography machines, CNBC reported. Samsung Electronics was also among the customers adopting the technology. The machines are used in producing more advanced chips, making the commitment a separate manufacturing decision alongside the sales figures reported for the quarter.
TSMC’s shares closed 1.35% lower in Taiwan before the September revenue announcement. The move preceded the monthly figures and the company’s full report, which will include further detail on profitability and its business outlook.
TSMC is scheduled to release its full third-quarter financial results on 15 October, Anadolu reported.
