Lates News

Analysts at Macquarie pointed out in a research report that the short-term profit margin of TSMC may have peaked in the first quarter. They wrote that continued demand for artificial intelligence and its leading position in the advanced process field are expected to provide guidance for a sequential increase in revenue in the second quarter for this chip manufacturer. However, analysts stated that TSMC's profit margin in the first quarter faces some pressure as the company expands its 3-nanometer chip production capacity and enters the mass production stage of its 2-nanometer chips. Additionally, external cost pressures will continue to exist, with geopolitical disruptions leading to an increase in the average selling price of chemicals. Macquarie expects TSMC's gross margin to peak at around 64% in the first quarter and decline to approximately 62.4% in the second quarter. However, analysts believe that TSMC's long-term growth fundamentals remain strong.