TSMC's financial report released today (9) shows that its first quarter revenue reached NT$362.41 billion (same unit below), a new high, a quarterly increase of 0.24% and an annual increase of 16.7%. Among them, March revenue reached NT$129.127 billion, a monthly increase of 21.2% and an annual increase of 13.7%.
Taiwan media Economic Daily reported that TSMC benefited from strong demand for high-performance computing, recovery in automotive demand, and slightly alleviated seasonal impact of smartphones in the first quarter. Its capacity utilization rate remained high and its operations were not slow during the off-season.
It is reported that TSMC will hold an earnings conference on April 15 to announce its first-quarter financial report and release its latest outlook. It is expected that information on production expansion and the progress of advanced processes will become the focus of market attention.
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