TSMC YTD up 33.9%

Author: EIS Release Date: Jun 23, 2020


TSMC’s May revenue  was 2.3% down on April but 16.6% up y-o-y at $3.17 billion.

TSMC’s YTD revenue to the end of  May was up 33.9% from the same point last year at $17 billion.
 
TSMC’s guidance suggests  June revenues of between $3.8 billion and $4.1 billion.

TSMC expects Q2 revenue between $10.1 billion and $10.4 billion – down 2% on Q1.

Co-CEO Mark Liu says they are still negotiating with the US government over subsidies for the Arizona fab TSMC plans to start building next year