--- type: "Topics" locale: "zh-HK" url: "https://longbridge.com/zh-HK/topics/24632161.md" description: "Some key quotes and charts from TSMC's Q3 2024 earnings call1. AI demand is real: "The demand is real, and I believe this is just the beginning of this demand, okay?" As one of my major clients said, the current demand is crazy.2. AI-driven growth: "TSMC's Q3 revenue increased 12.8% quarter-over-quarter, driven by strong demand for our industry-leading 3nm and 5nm technologies from smartphones and AI-related applications."3. Strong demand outlook: "We continue to observe extremely strong AI-related demand from customers in the first half of 2024, which has improved the overall capacity utilization of our leading 3nm and 5nm process technologies" - CEO4. Overall semiconductor demand: "For overall semiconductor demand, excluding AI, I think everything is stabilizing and starting to improve".5. About capital expenditure: "We now expect 2024 capital expenditure to be slightly above $30 billion... For TSMC, higher levels of capital expenditure are always associated with greater growth opportunities in the coming years" - CFO6. On gross margins: "We are capital-intensive, so we need very high gross margins to survive"7. Comparison of overseas and Taiwan fabs' profitability: "The profitability of overseas fabs is basically lower than that of Taiwan fabs, mainly due to smaller scale... This will gradually improve in the coming years."8. Power costs affecting profits: "TSMC's power costs recently increased by 14% in October, following increases of 15% in 2022, 17% in 2023, and 25% in 2024. This means prices have basically doubled over the past few years."9. About acquiring Intel: "No, not at all"$Taiwan Semiconductor(TSM.US)$NVIDIA(NVDA.US)" datetime: "2024-10-22T05:00:13.000Z" locales: - [en](https://longbridge.com/en/topics/24632161.md) - [zh-CN](https://longbridge.com/zh-CN/topics/24632161.md) - [zh-HK](https://longbridge.com/zh-HK/topics/24632161.md) author: "[复利魔方3650](https://longbridge.com/zh-HK/profiles/7185361.md)" --- > 支持的語言: [English](https://longbridge.com/en/topics/24632161.md) | [简体中文](https://longbridge.com/zh-CN/topics/24632161.md) # Some key quotes and charts from TSMC's Q3 2024 ear… ### 相關股票 - [Taiwan Semiconductor (TSM.US)](https://longbridge.com/zh-HK/quote/TSM.US.md) - [NVIDIA (NVDA.US)](https://longbridge.com/zh-HK/quote/NVDA.US.md) ## 評論 (4) - **糖糖糖（升级版） · 2024-10-24T11:48:26.000Z**: 大佬帮忙分析下礼来这个季度吧 - **Zh888 · 2024-10-22T05:03:47.000Z**: 下个月 20 号就出财报了，没想到在之前就破新高了，股主怎么看，我看财报前跟财报后的期权量相差巨大，会不会出现 sell The news - **复利魔方3650** (2024-10-22T06:56:28.000Z): 我是担心系统性风险，对面下月初大选了，最近大盘涨了比较多，贸易战可能升级业绩的话，下个 Q 本来不太看好，目前还有待确定，看看其他具体财报再说从台积电业绩来看是不错的，但需要英伟达主要客户的财报再分析一下 - **Zh888** (2024-10-22T06:59:58.000Z): 嗯嗯，我也感觉川普上来对英伟达还有一众芯片股算是利空吧，但是现在就破新高我是没想到的