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TSMC's Market Dominance Targeted By Intel By 2025
IntelIntel(US:INTC) Seeking Alphaยท2024-01-17 22:45
simonkr/E+ via Getty ImagesTaiwan Semiconductor Manufacturing Corp. (TSMC) (NYSE:TSM) reported Q4 earnings on January 18, with revenue reaching T$625.5 billion ($20.10 billion), surpassing the company's earlier prediction of $18.8-$19.6 billion. This exceeded the consensus revenue estimate of $19.76 billion. For the entire year of 2023, TSMC's revenue totaled NT$2.162 trillion, reflecting a 4.5% decrease compared to the same period in 2022. These mediocre financials are surprising based on the fact that ...