TSMC Q1 Revenue Record: 35.5% Increase Year-Over-Year

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TSMC earns nearly $17 billion in Q1 2022.

www.tomshardware.com, Apr. 10, 2022 – 

In our rapidly changing world demand for various chips is high. So high that foundries can increase their quotes without fearing to lose customers. But TSMC (Taiwan Semiconductor Manufacturing Co.) stands apart from its rivals. TSMC has more capacity than any other foundry, and it has leading-edge technologies not available from its rivals. Increased prices, extraordinary capacities, and leading-edge nodes drove TSMC's Q1 results to a record high.

TSMC reported revenue of NT$491.08 billion ($16.965 billion) for the first quarter of 2022, up a whopping 35.5% year-over-year. TSMC's results beat analyst estimates, but did not beat TSMC's own guidance of $16.6 – $17.2 billion revenue for Q1 2022. TSMC has yet to report its gross margin next week during its earnings call, but it guided a range between 53% and 55%, which is also higher than the company's historical margins.

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