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Cygnus space cargo spacecraft arrives at International Space Station with only half of its solar array

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TSMC Q3 net profit of NT$210.8 billion, down 25% year-on-year

TSMC announced its third-quarter results. The third quarter net revenue was NT$546.73 billion, a year-on-year decrease of 10.8% and a month-on-month increase of 13.7%; the third quarter net profit was NT$210.80 billion. The New Taiwan Dollar decreased by 25.0% year-on-year and increased by 16.0% month-on-month.

TSMC’s gross profit margin for the quarter was 54.3%, operating profit margin was 41.7%, and net profit margin was 38.6%. In the third quarter, 3nm shipments accounted for 6% of total wafer revenue; 5nm accounted for 37%; and 7nm accounted for 16%.

TSMC said capital expenditures were $7.1 billion in the third quarter, compared with $8.17 billion in the previous quarter.

TSMC’s Taipei-listed shares have fallen 27.1% in 2022, but have risen about 22% so far this year, and the chipmaker’s market value now reaches $432.3 billion.

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James Lopez
James Lopezhttps://www.techgoing.com
James Lopez joined Techgoing as Senior News Editor in 2022. He's been a tech blogger since before the word was invented, and will never log off.

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