Tim Beyers
👤 SpeakerAppearances Over Time
Podcast Appearances
Gross margin for the quarter was 62.3%.
That's pretty good.
Operating margin was 54%.
Net profit margin was 48.3%.
Those are bonkers numbers.
Also in the fourth quarter, shipment of three nanometer chipsets accounted for 28% of total wafer revenue.
Five nanometer was 35% in seven nanometer.
This is important because the most advanced chips, so nanometer being really small.
At three nanometer, these are the most advanced chips.
The most advanced chips are accounting for 77% of total wafer revenue.
There is a lot of AI being built, in other words, at Taiwan semiconductor factories.
Management now expects between $52 billion and $56 billion in capital spending
in this year.
On a run rate basis, I'm going to go to you first on this, Travis.
I think, I'm going to estimate that about 40% of Taiwan Semi revenue is going to be spent on capital spending.
This is crazy.
How long can this go on?
What's your reaction to those Taiwan Semi numbers?