Friday, July 9th 2021
TSMC Reports 20% Growth in Revenue Year over Year
TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for June 2021: On a consolidated basis, revenue for June 2021 was approximately NT$148.47 billion, an increase of 32.1 percent from May 2021 and an increase of 22.8 percent from June 2020. Revenue for January through June 2021 totaled NT$734.56 billion, an increase of 18.2 percent compared to the same period in 2020.
12 Comments on TSMC Reports 20% Growth in Revenue Year over Year
If you consider 20% increase in revenue, this means they are selling more than they did last year.
Should it really be a surprise that the biggest, baddest, most competent chip maker on the planet has no problems whatsoever (other than constantly maxing out their fabbing capacity) increasing their revenues at a time when the world is literally dying for moar & moar & moar chips every minute of every friggin day...
Hello anyone :)
A) Covid will be essentially gone & we can all get back to living normal lives again, which means demand (and hopefully prices too) will shrink considerably, OR
B) Covid & it's increasing number of you-know-who-keeps-making-them variants will have killed off so many people worldwide that demand will collapse anyways :(
Was going to having my recent RMD partially funding $8000 for a new and long overdue PC set-up, but that's looking like it's not happening either. Stuck between low $$$ returns and parts availability. Sometime Digital Storm is looking better and better. Well, for my present XPS 730x system I paid $5,300 to Dell in 2008. WTF!