
TSMC's Q4 Earnings: Profits, Growth Outlook, and Chip Regulations
Taiwan Semiconductor Manufacturing Co. (TSMC) reported that its N3 (3nm-class) process technology accounted for 6% of its Q3 revenue, marking the first significant revenue recognition for the new node. TSMC's total revenue for Q3 2023 reached $17.28 billion, with advanced nodes now contributing to 59% of the company's earnings. TSMC's long-term plans for the 3nm node include offering variations such as the cost-efficient N3E process technology, which is expected to start volume production in Q4 2024.
