TSMC’s revenue continued to grow strongly in January
In December last year, TSMC’s revenue had very strong growth, with revenue reaching NT$155 billion ($5.6 billion), which became its highest growth and revenue month in 2021, up 4.8% month-on-month and 32.4% year-on-year.
In January of this year, TSMC’s revenue continued to be strong, with revenue reaching NT$172 billion ($6.18 billion), a month-on-month increase of 10.8%, and a year-on-year increase of 35.8%. This is the first time that TSMC’s monthly revenue has exceeded the $6 billion barriers, setting a new record for monthly revenue. Since the COVID-19 epidemic, the global demand for semiconductor production capacity has increased sharply, driving the rapid growth of TSMC’s revenue. In January last year, TSMC’s revenue was NT$126 billion, a year-on-year increase of 22.2%. Obviously, the momentum this year has not weakened, and it has even become more violent.
According to Wccftech, ZTE will use the N7 process node process to manufacture the chips needed for 5G base stations. In addition, the chip is also used in advanced packaging technology, which adopts a stacking method to package different functional modules together. In the next stage, ZTE plans to use the N5 process node to further improve the performance of the chip. ZTE is said to hope to achieve double-digit growth in servers and base stations.
Many investment institutions are optimistic about the future of TSMC. JPMorgan Chase adjusted the target share price of TSMC to NT$780 and NT$740, which made the share price of TSMC rise. Investment institutions believe that TSMC will continue to perform well in the first quarter of 2022 and achieve steady revenue growth.
Many investment institutions are optimistic about the future of TSMC. JPMorgan Chase adjusted the target share price of TSMC to NT$780 and NT$740, which made the share price of TSMC rise. Investment institutions believe that TSMC will continue to perform well in the first quarter of 2022 and achieve steady revenue growth.
