$Taiwan Semiconductor Manufacturing(TSM)$ TSMC just reported its Nov 2022 revenue of NT222.71 billion, which is another record high! This represents a 50.2% y-o-y increase and 5.9% m-o-m increase from Oct 2022. Very impressive!
Despite challenges in the slumping consumer electronics and Covid disruptions in China, TSMC revenue momentum seems unstoppable! Currently, Oct-Nov sales are on track to beat prior mid-point guidance given by TSMC management in 3Q22, and these revenue forms around 68% of market consensus for 4Q22, so it's generally in-line with market expectations.
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