TSMC reports December 2023 revenue down 8.4% YoY to ~$5.7B, Q4 revenue flat YoY to ~$20.1B, beating estimates, and 2023 revenue down 4.5% YoY to ~$69.56B (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:

TSMC reports December 2023 revenue down 8.4% YoY to ~$5.7B, Q4 revenue flat YoY to ~$20.1B, beating estimates, and 2023 revenue down 4.5% YoY to ~$69.56B  —  – Chipmaker’s holiday period stopped bleeding of prior quarters  — TSMC has advised cautious optimism about semiconductor rebound