On April 20, 2023, TSMC announced its financial results for the first quarter (January to March) of the same year. Sales were NT$508.63 billion (approximately ¥2.2309 trillion/US$16.72 billion), up 3.6% year-on-year and down 18.7% quarter-on-quarter. Net profit was 206.9 billion New Taiwan dollars (about US$6.71 billion), up 2.1% year-on-year, but down 30% quarter-on-quarter. Gross margin was 56.3% and operating margin was 45.5%.
Looking at sales by manufacturing process node, the 5nm generation accounted for 31% of the total. . .