TSMC reported a 24.7 percent rise inOctober revenue

Date of issue:

2024-11-21

TSMC reported a24.7 percent month-onmonth and 29.2 percent year-over-yearincrease in revenue in October, a record.After the announcement of TSMC's Octoberrevenue,analysts used TSMC's Octoberperformance guidance to show that thefourth quarter revenue was $26.1-26.9billion,an increase of11.04% to 14.45%,ancthe median value was 12.75%.it is estimateothat the monthyrevenueinwovemoer anoDecember wil show a decline, and theaverage monthly revenue is estimated to bebetween $2605 bilion and $273.3 bilion,amonthly decline of 13% to 17%.in terms ofinterest rate, gross profit margin in thefourth quarter will increase by about 0.5percentage points,mainly due to theimprovement of capacity utiization and costimprovement,which can offset the adversefactors of electricity and N3 mass productionincrease.


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