Chipmaker TSMC jumps 35% in quarterly revenue

14.04.2022

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Chipmaker TSMC jumps 35% in quarterly revenue

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According to the results of the first quarter of 2022, the revenue of the Taiwanese chipmaker TSMC grew by 35.5%, reaching 491.08 billion Taiwan dollars ($16.92 billion) against 362.41 billion Taiwan dollars ($12.48 billion) a year earlier. This was reported in a press release from the company.

Net profit of TSMC grew by 45.1% and reached 202.73 billion Taiwan dollars ($6.98 billion). Diluted earnings per share were NT$7.82 compared to NT$5.39 a year earlier.

The chipmaker's management expects revenue for the second quarter of 2022 to be between $17.6 billion and $18.2 billion.

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Chipmaker TSMC jumps 35% in quarterly revenue

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