Mining chip demand determines TSMC's second quarter trend

According to the micro-message message, Chu Xiangsheng, chairman of South China Investment Co., Ltd., said that TSMC’s outlook for the second quarter should not be particularly good given that Apple-related products are not ideally shipped. However, the virtual currency has driven the mining of TSMC’s high speed computing business. Demand, if customer orders can continue, it will help performance in the second quarter.

Chu Xiangsheng said that TSMC's 7nm process technology is definitely the world's leading, but the demand for large customer terminal products can keep up with and cooperate with the order is the key.

TSMC has publicly stated that the successful use of ASML's EUV lithography system continuously exposes 1,022 wafers in a day with a source power of more than 90 watts.

The special application of bitcoin virtual currency drives high-speed computing business opportunities. TSMC's previous conference conference estimated that the proportion of high-speed computing performance last year was about 20%, and its share this year is expected to climb to 25%.

Affected by the off-season effect and the reduction in the number of working days, TSMC’s performance in January and February slipped month by month. Revenue from the previous February totaled NT$144.381 billion. However, its revenue in March was RMB103.679 billion, an increase of 60.4% from February, which was also lower than last year. 2.8% growth over the same period, and rewrite the record high for one-month performance.

TSMC announced that it had revenue of NT$977.447 billion, a year-on-year increase of 3.1%, net profit after tax of 343.11 billion yuan, a year-on-year increase of 2.7%, revenue and profit reached a record high of 13.23 yuan per share after tax.

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