TSMC’s diluted EPS for the first quarter ended March 31, 2021 jumped 19.4% year over year to NT$5.39 or $0.96, according to the company’s press release. A net income of NT$139.69 billion in the first quarter also represented a 19.4% increase year over year.
TSMC recorded a revenue of NT$362.41 billion or 16.7% increase year over year
First quarter revenues represented a 0.2% increase from the fourth quarter while net income was a 2.2% slip from the same quarter.
Gross margin for the quarter was 52.4%, operating margin was 41.55, while net profit margin was 38.6%
Shipments of 5-nanometer accounted for 14% of total wafer revenue, while 7-nanometer accounted for 35% of revenues in the first quarter
Advanced technologies, 7-nanometer and above, accounted for 49% of total wafer revenue.
TSMC expects revenue to be between US$12.9 billion and US$13.2 billion in the second quarter of 2021
Gross profit margin is expected to range between 49.5% and 51.5% in the second quarter
Operating profit margin is expected to be between 38.5% and 40.5%
TSMC expects the 2021 capital budget to be about US$30 billionTSMC stock is currently gaining. 2330: TPE is up 1.14%
