TSMC's revenue for the July-September period reached T$759.69 billion ($23.62 billion), according to Reuters calculations, surpassing the LSEG SmartEstimate of T$750.36 billion ($23.33 billion) from 23 analysts. This represents a 36.5% year-on-year growth, compared to $17.3 billion in the same period last year.
TSMC's third-quarter revenue has significantly outperformed market forecasts.
Source: TSMC's third-quarter revenue easily beats market forecast
TSMC Q3 Revenue Surpasses Forecast with 36.5% YoY Growth
byu/No-Froyo-4481 inwallstreetbets
Posted by No-Froyo-4481
17 Comments
Good. And by good I mean great. Show me the money, Jenny!
Shit, they are doing so well they’ve maxed out capacity and then some.
Well the real money is on what their prediction is for the next quarter. Stonks only go up yes?
Just watch as it randomly nose dives.
And the stock barely moves lol
Puts obviously
And it’ll stay flat of course
Stock up less than 1%
https://preview.redd.it/2b0q23chsptd1.jpeg?width=1024&format=pjpg&auto=webp&s=88f40729c7fa589aba13618732ea886d57108554
Team USA vs Team Taiwan
Place your bets for next year’s Intel 18A vs TSMC N2
Vxus gang rise up
The forecasts were not forecasts they were dialled down to make tsmc look good.
Just be sure to buy that dip today because it’s going down
Bought tsmc in 2017 and never sold! Should’ve bought more!
🚀
Soooo puts?
Tsm has a record of either tanking or staying flat after earnings. If it tanks it’s a good opportunity to but
Listen, TSMC is a buy because I sold all of mine for 90 dollars a share. This is an easy dub people.