Summary by Moomoo AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), a leading semiconductor manufacturer, reported its revenue for February 2024. The company's consolidated net revenue for the month was NT$181.65 billion, marking a 15.8% decrease from January 2024 but an 11.3% increase from February 2023. The cumulative revenue for the first two months of 2024 reached NT$397.43 billion, representing a 9.4% increase from the same period the previous year. Additionally, TSMC disclosed information on funds lent to other parties, endorsements and guarantees, and financial derivative transactions for February 2024. TSMC China, a wholly-owned subsidiary, had an outstanding lending amount of NT$38.75 billion. The company also provided guarantees to several of its subsidiaries, including TSMC Global, TSMC Arizona, TSMC Design Technology Japan, and TSMC North America. In terms of financial derivatives, TSMC reported outstanding notional amounts and unrealized profit/loss figures for various contracts, both applying and not applying hedge accounting. The report was signed by Wendell Huang, Senior Vice President and Chief Financial Officer, and was filed with the United States Securities and Exchange Commission on March 8, 2024.