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