Staff writer, with CNA
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported record revenue of NT$416.975 billion (US$13.17 billion) for last month, putting the world’s largest contract chipmaker on track to set a record for quarterly revenue.Last month’s figure surpassed March’s record NT$415.19 billion and represented increases of 1.5 percent from April and 30.1 percent from a year earlier.For the first five months of the year, TSMC generated NT$1.96 trillion in revenue, up 30 percent year-on-year, it said in a statement.
The logo of Taiwan Semiconductor Manufacturing Co is displayed at its fab in Hsinchu on April 9.
TSMC has forecast second-quarter revenue of between US$39 billion and US$40.2 billion, representing sequential growth of about 10 percent and year-on-year growth of about 32 percent, based on an assumed exchange rate of NT$31.7 to the US dollar.With combined revenue of NT$827.7 billion in April and last month already accounting for a significant portion of that target, analysts said the company is well-positioned to meet its second-quarter guidance and post quarterly revenue that beats the current record of NT$1.23 trillion.
TSMC has said that robust demand for artificial intelligence and growing computing requirements continue to support solid demand for chips manufactured with its leading-edge process technologies.However, the company’s global chip supply would fall short of demand for years to come, CEO C.C. Wei (魏哲家) told shareholders earlier this month.
