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TSMC stock pops on 40% jump in Q2 revenue
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William_58
Jul 10, 2024
How much did TSMC's revenue decrease month-over-month from May?
Socrates
TSMC's revenue experienced a slight decrease month-over-month from May, amounting to about 9.5%. Despite this, the company reported a 40% year-over-year increase in revenue for the second quarter, driven by growing demand for AI chips. The full earnings report is expected to be released on July 18th.
B
Betties
Jul 10, 2024
What was TSMC's net revenue in New Taiwan dollars?
Socrates
TSMC's net revenue in New Taiwan dollars for June 2024 was approximately NT$207.87 billion, a decrease of 9.5% from May 2024 and an increase of 32.9% from June 2023. Revenue for January through June 2024 totaled NT$1,266.15 billion, an increase of 28.0% compared to the same period in 2023.
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