In September, TSMC's earnings slowed down, confirming the decline in the entire industry

In September, TSMC's earnings slowed down, confirming the decline in the entire industry

The Taiwanese company TSMC remains the flagship of the market for chips contract services, so its financial performance can show how macroeconomic problems affect the industry as a whole. In September, TSMC's annual sales growth was only 36.4%, but in addition to the previous two months, quarterly revenues should well fit the company's own projections.

The forecast previously published on the TSMC site states that in the third quarter, the United States dollar equivalent will be in the range of $19.8 million to $20.6 billion, the rate of return will range from $57.5 to 59.5 per cent, and the operating rate from 47 to 49 per cent. In September, TSMC ' s revenues rose by 36.4 per cent annually to new Taiwan dollars $208.248 million, which is about $6.6 billion.

In July, revenues rose by 49.9%, in August, by 58.7%, and in September, by 36.4%. This is true if the financial performance of other market participants in the semi-conductor components were to be measured. By the end of the summer, macroeconomic factors began to affect even those segments of the market that had previously demonstrated a high resilience to global shocks in 2022. TSMC subsequently declined by 4.5% in September. In the first nine months of the current year, the company's revenues rose by 42.6% to $51.8 billion in the current account. A detailed quarterly TSMC report will be published in a week.