On November 18th, according to foreign media reports, TSMC has announced its revenue for October, with a monthly increase of 24.7% and an annual increase of 29.2%, setting a new high.

According to analysts' performance guidance from TSMC's October press conference, the fourth quarter revenue was $26.1-26.9 billion, with a quarterly increase of 11.04% -14.45% and a median of 12.75%. It is estimated that the monthly revenue in November and December will show a decline, with an estimated average monthly revenue of 2605-27.3 billion US dollars, a decrease of 13% -17%.

In addition, according to TSMC, although it is temporarily unable to ship chips below N7 in Chinese Mainland, it will affect short-term revenue, but thanks to the growth of AI demand, its competitiveness is better than that of its peers.

Previously, it was reported that TSMC had sent an official email to all current AI chip customers in Chinese Mainland, announcing that since November 11, it would suspend the supply of all 7nm and more advanced chips to AI/GPU customers in Chinese Mainland.

Another informed source pointed out that US officials have already gone to Taiwan to discuss further control over advanced processes in mainland China. Recently, AI related IC design companies in mainland China have received emails from TSMC notifying them that they will suspend the supply of 7nm and below process chips on November 11th.