TSMC held a legal meeting and announced the fourth quarter outlook. TSMC expects that revenue in the fourth quarter of this year will be about 19.9 billion US dollars (about 142.683 billion yuan) to 20.7 billion US dollars (about 148.419 billion yuan), with an average conversion of 0.4%. The quarter remained high.
The financial report shows that in the third quarter of this year, TSMC’s revenue was US$20.23 billion (about 145.049 billion yuan), with a gross profit margin of 60.4% and an operating net profit margin of 50.6%. During the reporting period, TSMC's 5nm shipments accounted for 28% of total wafer revenue; 7nm shipments accounted for 26%; 7nm and more advanced processes accounted for 54% of total wafer revenue.
TSMC Chief Financial Officer Huang Renzhao said that in order to cope with the pressure of rising costs in 2023, it will continue to promote the sales of value, and the long-term gross profit margin of more than 53% can still be achieved.
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