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.