Business
TSMC 2Q 2022 Profit Up By 76 Per Cent, Revenue By 36 Per Cent Compared To 2Q 2021
- With 2Q 2022 delivering a revenue of $18.16 billion for TSMC, if this trend continues, the company is likely to post a total revenue of around $70 billion for the year 2022.
TSMC
Taiwan Semiconductor Manufacturing Company's (TSMC) revenue rose 36.6 per cent and net profit surged 76.4 per cent in the second quarter (2Q 2022).
In 2021, total semiconductor sales was nearly $590 billion of which contract chip manufacturing (foundry) was around $108 billion (references can be found in this article).
In the overall semiconductor sales, TSMC had about 10 per cent of the revenue and stood third behind Samsung ($73.2 billion) and Intel ($72.5 billion).
In the first quarter of 2022, TSMC made a revenue of over $17.5 billion with a market share of 53.6 per cent in the foundry segment as per a chart published by Trendforce.
With 2Q 2022 delivering a revenue of $18.16 billion for TSMC, if this trend continues, the company is likely to post a total revenue of around $70 billion for the year 2022.
TSMC said it expected third-quarter revenue to surge to between $19.8 billion and $20.6 billion from $14.88 billion a year earlier. It raised its 2022 revenue growth forecast to mid-30s percentage from an earlier 26-29 per cent range.
