Taiwan Semiconductor Manufacturing Company Ltd., which supplies chips to the likes of Apple, Inc. and Tesla, Inc., is purportedly weathering external risks fairly well and is confident of seeing strong growth in 2022.
What Happened
TSM expects revenue growth to accelerate from 24.9 percent in 2021 to 30 percent in 2022, the foundry’s chairman Mark Liu said at the annual shareholder meeting, Bloomberg reports.The company also reiterated its June quarter revenue guidance of $17.6 billion to $18.2 billion and a gross margin of 58 percent.
