TSMC Warns Clients of up to 9% Price Hike in 2023

TSMC Q3 2022 Income Hits All-Time Excessive Regardless of Slowing Demand

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Income for Taiwan Semiconductor Manufacturing Co. (TSMC) topped analysts’ estimates within the third quarter and reached $19.4 billion. On Friday, the corporate reported that earnings in Q3 2022 have been 48% greater in comparison with the identical quarter a yr in the past. 

TSMC income in July (NT$186.76 billion), August (NT$218.13 billion), and September (NT$208.25 billion) totaled NT$613.14 billion ($19.382 billion), which is about 48% greater than in Q3 2021, in line with a Bloomberg report. TSMC’s outcomes run opposite to different semiconductor corporations. Simply yesterday, AMD warned of a $1.1 billion income shortfall, whereas Kioxia determined to cut back the output of 3D NAND wafers final week. 

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