TSMC Announces August Revenue: Close to US$5 Billion Momentum Regained Growth

September 10 news, according to foreign media reports, chip foundry TSMC, which usually announces the previous month’s revenue in the afternoon of the 10th, announced its August revenue in this afternoon.

 

Judging from the information published on TSMC’s official website, their revenue in August was NT$137.427 billion, equivalent to US$4.968 billion, an increase of 14.549 billion from NT$122.878 billion in the same period last year, an increase of 11.8% year-on-year, continuing the year-on-year increase of more than 10%. Growth momentum.

 

While continuing the growth momentum of more than 10% year-on-year, TSMC’s revenue in August also resumed growth from the previous month.

 

In July this year, TSMC’s revenue was NT$124.558 billion, a decrease of 23.913 billion from the 148.471 billion in June, a 16.1% drop from the previous month.

 

August’s NT$137.427 billion, an increase of 12.869 billion from July’s 124.558 billion, an increase of 10.3% from the previous month.

 

Although TSMC’s revenue in August has resumed growth from the previous month and has continued to grow by more than 10% year-on-year, there is still a gap compared with this year’s highest of NT$148.471 billion.

About Calvin Croley 2023 Articles
Calvin Croley holds Master’s degree in Business Administration. As an avid day trader, Calvin is a master of technical analysis and writes tirelessly on how stocks are trading. He has extensive knowledge in technical analysis & news writing. Calvin delivers reports regarding news category.Email: [email protected]Address: 654 East 10th Street, Bakersfield, CA 93307 USA

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