TSMC holds 285.7 billion in cash, which exceeds more than half of the country’s GDP

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TSMC’s total cash and equivalent investments in the first quarter of this year reached NT$1.92 trillion (approximately RM285.7 billion), a record high, accounting for 33.2% of total assets. Its cash ratio exceeded that of the previous quarter and exceeded the GDP of more than half of the world’s countries.

As the investment in advanced manufacturing processes gradually returns, the company stated that it will steadily increase dividends in the future. In terms of third-, fifth- and seventh-nanometer processes, gross profit margins have exceeded 50%, driving the company’s revenue and profit growth.

In the past three years, TSMC’s cumulative capital expenditures have exceeded US$100 billion. Dividends are expected to increase steadily in the future, and are expected to exceed 14 yuan this year.

(Source: Oriental Daily Picture source: freepik)

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