Wafer foundry leader TSMC (2330-TW)(TSM-US) announced today (8) August revenue, benefiting from Apple (AAPL-US) The shipment of new processors has expanded, with revenue reaching 218.132 billion yuan, a monthly increase of 16.8% and an annual increase of 58.7%, breaking the 200 billion yuan mark for the first time and continuing to set a new high; the cumulative revenue in the first eight months was 1.43 trillion yuan. , an annual increase of 43.5%.
TSMC estimates that revenue in the third quarter will reach 19.8-20.6 billion US dollars, converted to 1 US dollarNew Taiwan Dollar Calculated at 29.7 yuan, the revenue is estimated to reach 588.06-611.82 billion yuan, which is equivalent to a quarterly increase of 10-14.5%, and the gross profit margin is estimated to be 57.5-59.5%. There is a chance to surpass the second quarter. As Apple’s new phone sales heat up, the legal person estimates that TSMC’s revenue in September will break through the 200 billion yuan mark again, and it is expected to continue to make new deals.
In the third quarter, TSMC benefited from the continuous growth in demand for 5nm and 7nm processes. Driven by automotive and high-efficiency computing applications, it made up for the slowdown in applications such as mobile phones, PCs and consumer electronics.
Apple’s new phone launch conference will be on the 7th, US time. Among them, the iPhone 14 series adopts a processor differentiation strategy. The iPhone 14 and iPhone 14 Plus are equipped with the A15 processor produced by TSMC’s 5nm process, and the higher-end iPhone 14 Pro and iPhone 14 Pro Max uses a new-generation A16 processor produced by TSMC’s 4nm process; and the high-resolution Sony image sensor in the new iPhone 14 series is also expected to be outsourced to TSMC.
Benefiting from Apple’s new product injection, plusNew Taiwan DollarDue to favorable factors such as exchange rate depreciation, TSMC’s operations in the second half of the year will continue to be prosperous, and revenue in the third quarter will increase again; however, foreign investors believe that the new iPhone’s new processor adopts a differentiated strategy, whether consumers pay the bill and subsequent sales. It will be critical to TSMC’s 5nm and other advanced process capacity utilization and revenue performance in the first quarter of next year.
Regarding the recent market report that TSMC’s advanced process has been cut off by customers, and therefore 4 EUV (extreme ultraviolet) machines have been shut down, TSMC also reiterated yesterday (7) that production capacity will remain tight throughout this year, and the growth rate of US dollar revenue will decline. At 34-36%, the long-term goal of a compound annual growth rate (CAGR) of 15-20% for the next few years is also unchanged, with next year being another year of growth.