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TSMC monthly sales dipped in May

TSMC monthly sales dipped in May

Business news |
By Peter Clarke



May revenue at foundry TSMC declined 2.7 percent sequentially but was up 30.1 percent compared with May 2023.

May revenue at foundry TSMC declined 2.7 percent sequentially but was up 30.1 percent compared with May 2023.

The foundry reported sales of NT$229.62 billion (about US$7.09 billion).

TSMC’s sales for the first five months of 2024 stand at NT$1.06 trillion (about US$32.67 billion) up 27.0 percent on the same period in 2023.

Sales at fellow Taiwanese foundry UMC were NT$19.51 billion (about US$602 million) up 3.9 percent compared with May 2023 sales. UMC’s year-to-date sales were NT93.88 billion (about US$2.90 billion), up 2.7 percent compared with the first five months of 2023.

Related links and articles:

www.tsmc.com

www.umc.com

News articles:

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TSMC’s sales soar in March

Foundry Tower held back by slow recovery

TSMC trims semiconductor, foundry forecast for 2024

Analyst drops chip market forecast after 1Q24 ‘train wreck’

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