TSMC Announces 2022Q1 Revenue: Revenue nearly $17 billion, up 35.5% year over year
TSMC’s revenue exceeded many analysts’ expectations. Although TSMC did not announce the gross profit margin, it was previously expected to be between 53% and 55%, which is higher than the historical gross profit margin of TSMC in the past. Usually, chip design companies tend to increase orders from the end of the first quarter to the beginning of the second quarter, which is generally reflected in TSMC’s third and fourth-quarter revenue.
In addition to the huge capacity advantage and price increase, TSMC’s N5 and N7 process technology ahead of its competitors is another important factor driving its performance. At present, these two process nodes account for about half of TSMC’s revenue. Among them, the N5 process technology has been almost monopolized by Apple for nearly two years. As a large number of chip companies such as AMD, MediaTek and Nvidia have begun to place orders at this process node, it is expected to promote the growth of TSMC’s revenue in the next stage.