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TSMC expects 25% growth this year

January 19, 2024

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In Q4, HPC revenues, including AI, grew 17% q-o-q, smartphone revenues grew 27% and auto grew 13%.

Capex is expected to be between $28 billion and $32 billion.

Q4 net profit was 19.3% down y-o-y at $7.6 billion and Q4 gross margin was down 9.3% y-o-y.

For the semiconductor industry overall, TSMC expects growth of 10%.

TSMC has said its second Arizona fab will be delayed for a year. Hiring difficulties and the payment of US government subsidies were blamed.

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