{"id":5658,"date":"2023-11-14T10:56:06","date_gmt":"2023-11-14T02:56:06","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=5658"},"modified":"2023-11-14T10:56:06","modified_gmt":"2023-11-14T02:56:06","slug":"tsm-revenue-exploded-in-october-market-value-exceeded-nt15-trillion","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/th\/tsm-revenue-exploded-in-october-market-value-exceeded-nt15-trillion\/","title":{"rendered":"TSM October Revenue Explode, Surpassing NT$15 Trillion Value"},"content":{"rendered":"<div class=\"wp-block-post-date has-text-color has-black-color has-medium-font-size\"><time datetime=\"2023-11-14T10:56:06+00:00\"><a href=\"https:\/\/www.umtradings.com\/th\/tsm-revenue-exploded-in-october-market-value-exceeded-nt15-trillion\/\">November 14, 2023<\/a><\/time><\/div>\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-black-color has-text-color\"><strong>TSM Achieved a Record-high Revenue Last Month<\/strong><\/h1>\n\n\n\n<p class=\"has-medium-font-size\">On November 10, <a href=\"https:\/\/www.tsmc.com\/english\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Taiwan Semiconductor Manufacturing Company (TSM.US)\">Taiwan Semiconductor Manufacturing Company (TSM.US)<\/a> announced that its October revenue was a record-breaking US$7.53 billion (NT$243.2 billion), representing a notable 34.8% increase from September and a 15.7% raise from the same period last year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.umtradings.com\/wp-content\/uploads\/2023\/11\/1-7.png\" alt=\"TSMC Consolidated October Revenue\" class=\"wp-image-5659\" \/><\/figure>\n<\/div>\n\n\n<p class=\"has-text-align-center has-small-font-size\"><em>(TSMC Consolidated October Revenue)&nbsp;<\/em><\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Unveiling the TSM&#8217;s Revenue Numbers<\/strong><\/h2>\n\n\n\n<p class=\"has-medium-font-size\">TSMC&#8217;s cumulative revenue for the first 10 months of 2023 stood at an impressive US$55.6 billion, showcasing a modest 3.7% decline from the corresponding period in 2022. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">The company&#8217;s resilience in navigating the challenges posed by weaker global demand in certain sectors, particularly consumer electronics, is evident in these numbers. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">The surge in demand for TSMC&#8217;s cutting-edge 3nm technology played a pivotal role in its ADR surging more than 6% following the earnings release.<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>TSM&#8217;s Leadership Insight<\/strong><\/h2>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/www.tsmc.com\/english\/aboutTSMC\/executives\" target=\"_blank\" rel=\"noopener nofollow\" title=\"C. C. Wei, TSMC's CEO\">C. C. Wei, TSMC&#8217;s CEO<\/a>, expressed unwavering optimism regarding the chip market during a recent statement. He anticipates that the company will soon overcome the challenges of a prolonged sluggishness, primarily attributed to the lingering effects of the COVID-19 pandemic. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">The surge in the AI industry, driven by an increased need for chips used in training large language models, has significantly contributed to TSMC&#8217;s positive outlook.<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>TSM&#8217;s Technological Prowess<\/strong><\/h2>\n\n\n\n<p class=\"has-medium-font-size\">TSMC&#8217;s third-quarter revenue surge was underpinned by its advanced technology, with the 3nm, 5nm, and 7nm processes collectively accounting for an impressive 59% of the company&#8217;s total revenue. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">Looking ahead, TSMC is set to push the boundaries further by mass-producing an even more advanced 2nm process in 2025. This ambitious move is poised to solidify TSMC&#8217;s position as a trailblazer in high-end technology development.<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>TSM&#8217;s Future Projections<\/strong><\/h2>\n\n\n\n<p class=\"has-medium-font-size\">As we look toward the future, TSMC&#8217;s fourth-quarter revenue for 2023 is anticipated to range between US$18.8 billion and US$19.6 billion, with an estimated midpoint of US$19.2 billion (approximately NT$614.4 billion at the current exchange rate of NT$32 per US$1). <\/p>\n\n\n\n<p class=\"has-medium-font-size\">This represents an impressive approximately 11.1% increase on a quarterly basis. Despite the expectation of a slight dip in revenue in November and December compared to the stellar October figures, TSMC remains confident in achieving its financial forecast target. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">The company estimates that the revenue in the remaining two months will average around US$5.84 billion.<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bottom Line<\/strong><\/h2>\n\n\n\n<p class=\"has-medium-font-size\">In conclusion, TSMC&#8217;s stellar performance in October is a testament to its resilience, technological prowess, and strategic vision. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">The company&#8217;s commitment to advancing semiconductor technology, coupled with its optimistic outlook despite global challenges, positions TSMC as a formidable leader in the high-end technology landscape. <\/p>\n\n\n\n<p class=\"has-medium-font-size\">As TSMC continues to push the boundaries of innovation, the industry watches eagerly to witness the unfolding chapters of its success story.<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TSM Achieved a Record-high Revenue Last Month On November 10, Taiwan Semiconductor Manufacturing Company (TSM.US) announced that its October revenue was a record-breaking US$7.53 billion (NT$243.2 billion), representing a notable 34.8% increase from September and a 15.7% raise from the same period last year. (TSMC Consolidated October Revenue)&nbsp; Unveiling the TSM&#8217;s Revenue Numbers TSMC&#8217;s cumulative [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":5661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2,3],"tags":[178,179,180,114],"class_list":["post-5658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market_news","category-latest","tag-revenue","tag-taiwan-semiconductor-manufacturing-company","tag-tsm","tag-tsmc"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts\/5658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/comments?post=5658"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts\/5658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/media?parent=5658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/categories?post=5658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/tags?post=5658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}