Wafer foundry leader TSMC (2330-TW) held today (14th) and said that the first-quarter financial report was bright and better than market expectations, the second-quarter revenue and gross profit margin will continue to hit new highs, and the annual revenue is expected to exceed the standard. US stockshalf feeThe index fell and depressed, TSMC (TSM-US) ADR opened higher and lower in early trading, rising slightly by 2.75%. Soon following, it turned black and weakened.
TSMC’s share price closed at a flat price of 573 yuan today, but it was only a day’s worth of foreign capital to admit mistakes and cover the market, and resold more than 1,517 copies. This year, the cumulative sales of TSMC exceeded 510,000 copies. After the good news will be reported, whether foreign capital will start the replenishment wave, prepare for it. attention by the market.
TSMC has benefited from the benefits of price increases, coupled with the continuous increase in volume of advanced processes, andNew Taiwan DollarDevaluation assists, double-rate over the financial forecast, the gross profit margin in the first quarter surged to 55.6%, the single-quarter profit exceeded the 200 billion yuan mark, reaching 202.73 billion yuan, a quarterly increase of 22%, an annual increase of 45.1%, and a net profit per share of 7.82 yuan , better than market expectations, gross profit margin, profit and EPS peaked once more.
It is worth mentioning that the proportion of TSMC’s high-performance computing (HPC) revenue in the first quarter reached 41%, surpassing 40% of smartphones for the first time. Not only does it mean that the mobile phone industry is gradually entering a plateau, it also symbolizes the era of high-efficiency computing and high growth. Coming soon, it will be side by side with the automotive platform and become TSMC’s main revenue growth driver this year.
TSMC estimates that its revenue in the second quarter will be 17.6-18.2 billion US dollars, a quarterly increase of 0.11-3.59%, and it is expected to reach a new high, and the benefited expenses are properly controlled,New Taiwan DollarDepreciation, etc., the double rate is higher than the forecast range of the previous quarter, the gross profit rate is 58%, and the challenge continues to hit a high; and with the continued strong demand for automotive and efficient computing, TSMC has increased its revenue growth this year, and has the opportunity to surpass it 24-29% of the previous estimate.
Although suppliers are affected by factors such as lack of labor and materials caused by the epidemic, which has led to longer delivery times for advanced processes and mature process equipment, TSMC emphasized that it is working closely with suppliers and will not affect this year’s capacity expansion plan. This year’s capital The amount of expenditure remains unchanged, and the company is currently working with suppliers on the delivery of equipment for next year.
