ASLM has spoiled the sentiment in the technology industry, and today another large technology company will report its earnings... TSMC from Taiwan. At yesterday's closing prices in the US market, TSMC is already +80.3% year to date. TSMC also publishes monthly revenues. See Figure 1.

ASML fell another 6.4% yesterday and is down 9.7% this year (YTD) - see Figure 2.

Adding up TSMC's monthly revenues (already published) for Q3 2024, we get TWD 759.7 trl, or USD 23.6 billion (at today's USD/TWD exchange rate of 32.21) - see Figure 3 and 4.


USD 23.6 billion means an annual change of +36.5%. According to TSMC’s guidance, Q3 revenues are expected to range from USD 22.4 billion to USD 23.2 billion (at a USD/TWD exchange rate of 32.5). The total monthly revenues at this exchange rate come to USD 23.4 billion – above the company’s guidance.
TSMC’s earnings may of course affect investor sentiment towards the semiconductor and technology industries.
TSMC just posted its Q3 2024 results on its website and revenues are in line with expectations.. USD 23.5 billion – see next graphic.


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