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Technology Stocks : Semi Equipment Analysis
SOXX 306.14+0.4%Dec 24 4:00 PM EST
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To: Return to Sender who wrote (87121)7/15/2021 10:21:52 AM
From: Elroy  Read Replies (2) of 95632
 
The company's sales rose 28% to $13.29 billion in the second quarter.

In local currency, Taiwan Semi's sales increased 19.8% year over year while earnings rose 11.2%.

For the third quarter, Taiwan Semi forecast revenue of $14.6 billion to $14.9 billion.

I find it sort of hard to understand how TSM is operating at maximum capacity and yet will have a more than 10% sequential jump in quarterly revenues. Shouldn't we expect revenues to be roughly flat sequentially if TSMC is operating at their maximum capacity in both quarters?
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