TSMC Increases Industry Foothold With 11.6% Increase in Revenue for Q3 2018

TSMC has quickly (over a span of years, but still) become the de-facto silicon manufacturing giant in the industry. They produce silicon-based solutions for almost all the significant tech companies (NVIDIA, AMD, Apple, Qualcomm, including the silicon manufacturing leader of yonder, Intel), and are on the forefront of new fabrication technologies. Just today we've covered how they are already well on their way to their second-gen 7 nm (N7+) fabrication technology with usage of EUV, and carving their path forward for 5 nm (N5).As a result of becoming the key manufacturer and supplier in the industry, the company's revenues have been steadily increasing, and the outlook just looks great for the company, provided no significant snags appear in their R&D and manufacturing departments. For Q3 2018, TSMC reported on consolidated revenues of NT$260.3 million (US$8.41 million), up 11.6% sequentially and 3.2% YoY (year-over-year). Market watcher are placing this increased revenue over strong performance of NT$, not on increasingly robust chip sales - the new iPhones don't possess the same upwards-push as they did before, much because the ceiling has only become higher. However, the fact remains that TSMC is "looking good" in its market entrenchment opportunities and is carving a swath of new products and supply opportunities to fuel its growth.