Taiwan chip manufacturer TSMC (TSMC) quarterly revenue set the fastest growth rate in more than one year.

Bloomberg reported that TSMC announced on Wednesday (April 10) that the first quarter of sales in March was about NT $ 592.6 billion (about S $ 24.889 billion), an increase of 16%, better than expected, analysts, analystsThe average estimate is 579.5 billion yuan.

This outstanding performance enhances people's expectations. This year's global market value chip manufacturer will resume steady growth this year after experiencing the downturn of smartphones and computer sales after the epidemic.

TSMC's capital expenditure budget is 28 billion to 32 billion US dollars (about 379.04 to S $ 43.319 billion). It is expected that revenue this year will increase at least 20%, reversing the slight decline in 2023.TSMC is scheduled to release a complete financial report on April 18.

The US Department of Commerce announced on Monday (April 8) that it would provide subsidies of TSMC 6.6 billion US dollars and $ 5 billion in low -interest loans.TSMC also issued a statement that plans to build the third advanced process chip factory in Arizona, USA, with a total investment in the local area of ​​more than $ 65 billion.

Joint News reported that although the construction of the US factories may drag the gross profit margin and profit performance, the TSMC declared that the US investment case will not change the company's commitment to maintain its long -term financial goals, that is, the revenue is calculated in the US dollar calculated by the US dollar.The compound annual growth rate is 15%to 20%, the gross profit margin is more than 53%, and the return on equity of shareholders is higher than 25%.