{"id":16584,"date":"2024-05-10T15:21:14","date_gmt":"2024-05-10T09:51:14","guid":{"rendered":"https:\/\/asia.businessupturn.com\/?p=16584"},"modified":"2024-05-10T15:21:14","modified_gmt":"2024-05-10T09:51:14","slug":"tsmcs-april-revenue-hits-nt236-billion-marking-second-highest-in-history","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/taiwan\/tsmcs-april-revenue-hits-nt236-billion-marking-second-highest-in-history\/16584\/","title":{"rendered":"TSMC\u2019s April revenue hits NT$236 billion, marking second highest in history"},"content":{"rendered":"<p>Taiwan Semiconductor Manufacturing Co. (TSMC) has recently shattered its revenue records, boasting an impressive surge past NT$200 billion (U.S.$6.16 billion) in April, marking its second-highest monthly return in history. The semiconductor behemoth reported April revenues of NT$236.02 billion, falling just shy of its pinnacle set in October last year at NT$243.2 billion.<\/p>\n<p>This remarkable uptick represents a substantial 59.6% leap from the same period in 2023, with a notable 20.9% rise over March figures. TSMC\u2019s cumulative revenue for the initial four months of the year soared to NT$828.66 billion, indicating a robust 26.2% uptick compared to the corresponding period last year.<\/p>\n<p>The driving forces behind TSMC\u2019s staggering revenue upswing are attributed to robust demand for high-performance computing, particularly linked to artificial intelligence (AI), alongside vigorous customer appetites for 3-nanometer and 5nm advanced process technology.<\/p>\n<p>Forecasts for the second quarter remain bullish, with TSMC estimating revenues in the ballpark of U.S.$19.6 billion to U.S.$20.4 billion, indicating a quarter-on-quarter increase of approximately 6%. Industry insiders project TSMC\u2019s average monthly revenue for May and June to hover between NT$198.6 billion to NT$211.5 billion.<\/p>\n<p>With the escalating demand for AI server chips, TSMC anticipates a substantial 21% to 26% growth in dollar-denominated revenue for the fiscal year, outstripping the projected 14% to 19% expansion rate for the semiconductor foundry industry at large.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TSMC, Taiwan\u2019s semiconductor giant, recorded an impressive revenue surge in April, exceeding NT$200 billion. Fueled by AI computing demand, their forecast hints at sustained growth, outpacing industry projections.<\/p>\n","protected":false},"author":367,"featured_media":16586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[261,10375,4930,294],"class_list":["post-16584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-taiwan","tag-taiwan","tag-taiwan-semiconductor-manufacturing-co","tag-tsmc","tag-united-states"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/16584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=16584"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/16584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/16586"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=16584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=16584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=16584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}