TSMC expects Q2 revenue to reach a maximum of US $16 billion in 2023, which will still decline compared with the same period last year.

April 20 news, according to foreign media reports, as previously expected, after a month-on-month decline in the fourth quarter of last year, TSMC's revenue continued to decline in the first quarter, falling to 206.99 billion New Taiwan dollars (currently about 46.573 billion yuan), down not only 16.1% from the previous month, but also 4.8% from the same period last year, ending the sustained sharp rise in the same period last year.

At a time when demand for consumer electronics is still weak, there is no sign of improvement, and demand for chips has not improved, TSMC expects its revenue in the second quarter to be affected.

TSMC disclosed in its financial report that based on the current business outlook, management expects second-quarter revenue of $15.2 billion (CTOnews.com Note: currently about 104.728 billion yuan) to $16 billion (currently about 110.24 billion yuan), and gross profit margin is expected to be 52%. 54%.

TSMC's revenue forecast of $152-16 billion in its financial report means that in the view of management, their revenue in the second quarter of this year will continue to decline compared with the same period last year.

In the second quarter of last year, TSMC had revenue of $18.16 billion (currently about 125.122 billion yuan), up 36.6% from a year earlier. Even if it reaches the upper limit of expected revenue in the second quarter of this year, it will fall 11.89% from a year earlier.