Thursday, June 9th 2022
TSMC Forecasts 30 Percent Increase in Sales for 2022
In 2021 TSMC saw an increase in sales of 24.9 percent in monetary value, but for 2022, the company is expecting this figure to reach somewhere around the 30 percent mark. For this quarter alone, TSMC is expecting a revenue of somewhere between US$17.6 to US$18.2 billion, with a gross margin ending up as high as 58 percent. Despite the positive outlook, TSMC hasn't been doing well on the Taiwanese stock exchange this year, as the company has lost more than a tenth of its value in 2022.
That said, TSMC is pressing forward and will still be spending in excess of US$40 billion in 2023 to expand its production capacity, following the US$40 to US$44 billion it will invest this year. The company isn't overly concerned about inflation at this point in time either, saying it doesn't have a direct impact on the semiconductor industry. TSMC is seeing a slowdown in the consumer chip space, but it's seeing an uptick in business when it comes to EV related ICs. TSMC's production lines are at full utilisation for at least the rest of 2022, but most likely long into 2023.
Source:
Bloomberg
That said, TSMC is pressing forward and will still be spending in excess of US$40 billion in 2023 to expand its production capacity, following the US$40 to US$44 billion it will invest this year. The company isn't overly concerned about inflation at this point in time either, saying it doesn't have a direct impact on the semiconductor industry. TSMC is seeing a slowdown in the consumer chip space, but it's seeing an uptick in business when it comes to EV related ICs. TSMC's production lines are at full utilisation for at least the rest of 2022, but most likely long into 2023.
12 Comments on TSMC Forecasts 30 Percent Increase in Sales for 2022
wait. I thought if you buy bulk or manufacture in bulk the price was supposed to be cheaper per unit??!?!
That price hike must be because they are giving all employees a raise 3% plus inflation rate? Right?
Jokes aside, it's amazing how everyone is jacking up prices in the past 5 years, blaming transport / supply / recruitment / production issues, natural disasters, climate change, the pandemic etc. while cracking the “50-year profit record” year after year in the same timespan.
Really curious, If AMD, Intel, and Nvidia are using some margin of those record profits to cross finance the next gen CPU/GPU line-ups or if they will just keep on raising prices further.
But yes, I agree. Laissez-faire capitalism is a slippery slope that can result in an extremely uneven distribution of wealth. Which is why it doesn't really exist in the modern world. Some may argue that the predominant "welfare" capitalism system is still too lenient, not adequately favoring the lower and middle classes.
I do hope that governments step in and regulate this fab monopoly before things get real bad.
Seriously just give us back normal fricken GPU prices and a decent mid ranger every generation for $200, the RX 6600/RTX 3050 at £300+ is not that! I'm gonna be 3 gens behind before I can get a performance increase at the same cost as my current 5600 xt
The problem in capitalist market economy is not only on a micro level per country, but also on macro level as in the whole European Union where the most wealthy members are on average ten times richer than the poorest members. And the problem with the debt - people still can't afford their own homes/houses, so 70-80% in the West live their whole lives on a rent.