1. TSMC reported Q2 2023 revenue of $18.87 billion, a 11.9% YoY increase, with a gross margin of 51.3%; 2. Growth was driven by strong demand for 5nm and 3nm technologies, particularly in high-performance computing (HPC) and smartphone sectors; 3. The company adjusted its 2023 capital expenditure to $28-32 billion, prioritizing advanced process R&D and global capacity expansion.
Recent #Gross Margin news in the semiconductor industry
1. TSMC reported Q2 2024 revenue of $20.7 billion, a 32% YoY increase, with gross margin rising to 56.6%; 2. Growth driven by strong demand for AI-related chips, particularly 3nm process technology; 3. The company forecasts continued AI-driven growth in 2024, projecting AI-related revenue to grow over 50% annually for the next five years.
➀ Intel reported Q1 revenue of $12.7 billion, flat y-o-y with a gross margin of 36.9% down 4.1 points y-o-y.
➁ The company expects Q2 revenue between $11.2-12.4 billion.
➂ CEO Lip-Bu Tan emphasized the need for better execution and operational efficiency to regain market share and drive sustainable growth.
➀ Tesla's BEV market share dropped from 19% to 17% in the first five months of 2024; ➁ BYD is just one point behind Tesla at 16%; ➂ The BEV portfolio of legacy automakers like Volkswagen and Geely-Volvo stood at 7 and 8 percent, respectively.