TSMC Reports 20% Growth in Revenue Year over Year

[btarunr]

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.



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[ratirt]

No shock here I'm sure it would have been more if TSMC could manufacture more wafers but they are already maxed out.

 

[Richards]

I heard the yields are under 70% thats why there's a shortage of chip's

 

[ratirt]

I heard the yields are under 70% thats why there's a shortage of chip's

I'm not talking about yields (CPU chip or GPU chip yields cause that's what you are talking about right?) but rather how many wafers they can produce in a give time. The shortage is due to demand. At least, that's the info I got. They were trying to ramp up the production and they did but even they've been working full capacity (or even beyond), it has been said, it will take time to catch-up.
If you consider 20% increase in revenue, this means they are selling more than they did last year.

 

[bonehead123]

No shock here I'm sure it would have been more if TSMC could manufacture more wafers but they are already maxed out.

Ditto....

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

 

[Deleted member 24505]

Shame the US is trying to muscle in to them.

 

[ratirt]

Shame the US is trying to muscle in to them.

It's global marketing. No shock here either. Everyone who has an interest in mind would be doing the same thing. One market (country) wants to keep it in their possession the other wants to drag it to a different market (country). Globalization of economics and yet people are still surprised. Weird.

 

[mechtech]

So is it 20% more profits from actual production increases compared to last year or additional markups?

 

[64K]

Ditto....

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

TSMC are building more Mega-fabs. It's just going to take time to catch up to demand.

 

[bonehead123]

TSMC are building more Mega-fabs. It's just going to take time to catch up to demand.

Tru dat, however, by the time they come online, then 1 of 2 things will probably have already happened:

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

 

[stimpy88]

Not bad when your a one-man-show!

 

[Tom Sunday]

My conservative IRA and steadily divident paying stock investments barely been returning 2.5 % per annum. With NVIDIA and TSMC (20% returns?) a partial 'back to high-tech' position might need to be revisited? If I would only be 20 years younger. Then I would more easily be saying goodbye to some of my old and trusted friends at Pfizer, Coca-Cola and GE and the others.

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!

 

[Pumper]

I wonder how big of a drop it will be in 6-12 months when people go back to work in offices and the demand for new hardware drops to nothing, since a lot of them already purchased all the hardware they'll need for the next 2-3 years during the pandemic.