techspot TSMC misses revenue forecasts for first time in two years

[UltraMega]

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Reports from last month claimed that utilization rates for TMSC's 7nm and 6nm fabs are expected to fall to 50 percent as clients order fewer wafers, while the 28nm fabs that remain at capacity as of Q3 2022 will start to slow down heading into 2023. The Taiwanese firm is also reportedly renegotiating contracts with customers AMD, Nvidia, and MediaTek, who are cutting orders in the face of falling demand for their products. The Covid-related disruption at Apple supplier Foxconn's Zhengzhou plant has impacted TSMC, too.

Waning consumer demand sees TSMC miss revenue forecasts for first time in two years

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The global economic crisis brought about by skyrocketing inflation, rising interest rates, and increasingly...

Cheaper prices comming maybe? Or artificial stock shortages... 

 

 

[Alex]

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Despite its fourth-quarter revenue increasing 43% to NT$625.5 billion ($20.6 billion), it still fell short of the NT$636 billion analysts expected, marking the first time in two years that the company has missed forecasts.

I mean, they barely missed plan, they are 98.3% of the way there. Not really that notable depending on how optimistic the forecasts were.

[schuck6566]

1 hour ago, Alex said:

I mean, they barely missed plan, they are 98.3% of the way there. Not really that notable depending on how optimistic the forecasts were.

OMG! We're almost 2% shy of what we thought we'd make! Lets start a panic!

[Sir Beregond]

1 hour ago, schuck6566 said:

OMG! We're almost 2% shy of what we thought we'd make! Lets start a panic!

I could see how it changes their future projections if tier one customers like Nvidia, AMD, etc. are cutting back and that hasn't necessarily manifested yet, but for this quarter yeah...

[schuck6566]

35 minutes ago, Sir Beregond said:

I could see how it changes their future projections if tier one customers like Nvidia, AMD, etc. are cutting back and that hasn't necessarily manifested yet, but for this quarter yeah...

lol, call me crazy, but if their customers(Nvidia,AMD,ect) weren't trying to get pandemic shortage prices after the shortages were over they might be making sales and therefore ordering more product.... <--- (me attempting the pricing rocket science that the before named companies must be using....)

 

[UltraMega]

I didn't notice it was only 2%, but being just under capacity is a lot different than being unable to keep up with demand.