The second half of last year began by the decline in demand for consumer electronics products triggered by the decline in demand for chips, is still ongoing, many chip manufacturers have been affected, chip foundry TSMC is no exception, their revenue in the fourth quarter of last year has declined in the ring, revenue in the first quarter of this year is expected to decline year-on-year ring.
Chip demand has not yet shown signs of improvement, which means that the relevant chip manufacturers will be affected for a longer period of time, TSMC and other manufacturers this year’s performance, the probability will also be affected.
For TSMC’s revenue this year, some sources in the field of semiconductors are expected to see a single-digit decline year-on-year.
From TSMC’s earnings report, they reported revenue of $75.881 billion last year, and if the year-over-year decline does not exceed 10%, this year’s revenue will be above $68.3 billion.
In addition to the revenue decline, there was also news earlier this week that TSMC will cut its capital expenditure forecast for this year and is expected to disclose the size of the new capex in its earnings release on Thursday. In its Jan. 12 earnings release, TSMC management was expecting $32-$36 billion in capital expenditures this year.