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2021-07-09

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TSMC shares gains in premarket trading,as Second-Quarter Revenue Jumps 20% on Chip Demand.

TSMC shares gains in premarket trading,as Second-Quarter Revenue Jumps 20% on Chip Demand. Taiwan S

TSMC shares gains in premarket trading,as Second-Quarter Revenue Jumps 20% on Chip Demand.

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Revenue for June was NT$148.5 billion, up 23% from a year ago.</p>\n<p>“TSMC’s better pricing power on the back of the capacity tightness should largely offset the margin pressure it is seeing from the massive capex spending. Meanwhile, TSMC’s technology/productivity breakthrough in EUV should enlarge its technology gap with peers and insure a better cost structure for leading edge technology nodes,” Citi analysts Roland Shu and Grant Chi wrote in a recent note.</p>\n<p>Earlier this week,Daimler AGandJaguar Land Roverwarned that sales will be furthercurtailedby the persistent chip shortage, with the latter saying deliveries in the second quarter will be 50% worse than initially thought.United Microelectronics Corp., a smaller rival to TSMC, said Wednesday that chip demand couldcontinueto outpace supply until 2023.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116278502","content_text":"TSMC shares gains in premarket trading,as Second-Quarter Revenue Jumps 20% on Chip Demand.\n\nTaiwan Semiconductor Manufacturing Co.reported a 20% jump in quarterly sales, as the company raced to meet demand for chips from the automotive and other industries.\nSales for the quarter ended in June came in at NT$372.1 billion ($13.3 billion), in line with the average analyst estimate of NT$371.3 billion. 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