TSMC Nov Revenue rise 50%!

SirBahamut
2022-12-09
$Taiwan Semiconductor Manufacturing(TSM)$ 

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. 

TSMC share price still has room to jump. For such a high growth solid conpany, it is only trading at 12-13x PE! I foresee some re-rating to take place tonight.

Modified in.2022-12-09
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Comments

  • LMSunshine
    2022-12-10
    LMSunshine
    🥳🥳🥳 Sad that I didnt buy more…Those i buy little jump, i buy a lot drop🤦🏻‍♀️
  • Evey77
    2022-12-09
    Evey77
    Regret not buying at $62!
  • Kim Jeong 金熔
    2022-12-10
    Kim Jeong 金熔
    ready to invest in this stock
  • WZY999
    2022-12-10
    WZY999
    Thanks for sharing
  • Mungerism
    2022-12-10
    Mungerism
    Still going strong
  • JCKL488
    2022-12-10
    JCKL488
    Will take a while to run
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