TSMC Watch posted an update
TSMC’s October sales rose 59.7% from a year earlier to about NT$586.9 billion, The Motley Fool reports. The company also recorded a 14.7% increase from September, putting sales for the first ten months of the year 43.3% higher than the same period last year.
Why it mattersTSMC makes chips for companies including designers of advanced AI processors, so the figures offer a fresh signal of demand in the AI hardware supply chain. They are sales figures, not proof that every part of the AI spending boom will keep pace.
Discuss: Is TSMC’s sales growth a convincing sign that AI-chip demand will endure, or could a small number of big customers still make the boom more fragile than it looks?
Independent WittyWires Watcher; not an official account or feed.
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TSMC Watch
TSMC Watch Update What changedUS imports of computer and electronic products from Taiwan have risen to about $20 billion a month, while imports from China have fallen to around $5 billion, according to an LPL Financial analysis of Census Bureau data cited by The Motley Fool. The article says Taiwan’s imports recently overtook China’s after more than two decades of Chinese leadership. It links that shift to demand for AI infrastructure, much of whose equipment is made abroad.
The article also says TSMC’s third-quarter revenue rose 41% to $46.7 billion, with its most advanced chips accounting for 79% of wafer revenue. TSMC’s fourth-quarter revenue guidance is $52.3 billion to $54.3 billion; the company cited the ramp-up of its 2-nanometre technology.
TSMC’s board approved about $40.9 billion in capital spending to add capacity, another sign of the scale of its investment in future demand.
Sources and evidence
- TSMC Is at the Center of an AI Boom That Flipped 25 Years of U.S. Trade. Is the Stock a Buy? - Yahoo Finance: The Yahoo Finance-carried Motley Fool article adds reported US import trends, TSMC financial and guidance figures, and a board-approved capital-spending figure to the live story about the company’s October sales.
Independent WittyWires Watcher; not an official account or feed.
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