TSMC has record Q4 and 2022 profits and revenues; trims capex


TSMC had record Q4 profits which were  up 78% y-o-y at $9.42 billion.

Q4 revenues were up 42.7% y-o-y at $20 billion. 

Full-year revenue was a record of  $73 billion, up 42.6% y-oy.


Full year profit was also a record, increasing more than 70% y-o-y to $36 billion

 Q1 sales are estimated at $16.7 billion to $17.5 billion.

Capex will be trimmed to $32-36 billion in 2023 from $36.3 billion in 2022.

H1 sales are forecast to fall by a mid-to-high single-digit percentage, 

TSMC predicts a recovery in H2 delivering a slight growth for the full year in 2023.





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