offline
TSMC Posts Record Q2 Profits, Sees Robust Chip Demand In 2020 Amid 5G Boost
...
TSMC said profits for the three months ending in June came in at T$120.8 billion ($4.1 billion), up 81.1% from the same period last year to a record high and firmly ahead of the Refinitiv-collected forecast of $T111.00 billion.
Group revenues, which TSMC reports in U.S. dollars, rose 34.1% to $10.4 billion, a figure it expects to hit between $11.2 billion and $11.5 billion over the third quarter - a 22% surge from the same period in 2019. Its 2020 revenue forecast was also improved, with the group now seeing a 20% gain on last year, compared to a "mid- to high-teens" percentage gain forecast earlier in the spring.
...
https://www.thestreet.com/investing/tsmc..._ven=YAHOO
![[Bild: TSMc1dl1411.png]](https://finviz.com/publish/071620/TSMc1dl1411.png)
...
TSMC said profits for the three months ending in June came in at T$120.8 billion ($4.1 billion), up 81.1% from the same period last year to a record high and firmly ahead of the Refinitiv-collected forecast of $T111.00 billion.
Group revenues, which TSMC reports in U.S. dollars, rose 34.1% to $10.4 billion, a figure it expects to hit between $11.2 billion and $11.5 billion over the third quarter - a 22% surge from the same period in 2019. Its 2020 revenue forecast was also improved, with the group now seeing a 20% gain on last year, compared to a "mid- to high-teens" percentage gain forecast earlier in the spring.
...
https://www.thestreet.com/investing/tsmc..._ven=YAHOO
__________________
