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Intel and TSMC bump up their forecasts on the same day, postponing downturn a little longer |
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Sep 11, 2007 at 06:15 AM |
When both the leading chipmaking company and the number-one semiconductor foundry outfit say their quarters are looking better than expected on the same day, that's good news, not only for the companies in question but for the sector in general.
That's what happened yesterday, when Intel and Taiwan Semiconductor Manufacturing Co. (TSMC) announced their upgraded outlooks. So much for any market crash or downturn in the near term.
First, here's what TSMC said. "Due to some customers’ requested pull-in, TSMC’s third quarter 2007 financial performance is expected to be better than the guidance given on July 26, 2007: Revenue is expected to be between NT$87 billion and NT$89 billion [US$2.63 billion and $2.69 billion]. Both gross profit margin and operating profit margin are expected to be better than the high end of the previous guidance by less than one percentage point," said Ms. Lora Ho, VP and CFO.
OK, less than a percentage point may not be that big of a deal, but the fact the company is willing to announce any kind of number over previous guidance is cause for a few smiles in Hsinchu.
As for the still-champion of the chip world, here's what Intel stated in its brief PR. "As a result of stronger than expected worldwide demand for its computing products, Intel Corporation now expects revenue for the third quarter to be between $9.4 billion and $9.8 billion [NT$311 billion and $324 billion] as compared to the previous range of $9.0 billion to $9.6 billion [NT$298 billion and $317 billion]."
Again, a couple hundred million dollars is not a whole heap of cash for a company the size of Intel, but it does represent a nice positive trend. Combined with Intel's other big hype, er news, about breaking ground on its first Asian fab, in Dalian, China (see both Fabtech's news page and Mark's own blog for more on that), it's been a big week so far for the company on Mission College.
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| Senior Technical Program Manager (Dublin, Ireland, 02/04/2008) | | Senior Embedded Design Support Engineer (Shannon, Co Clare, Ireland, 19/03/2008) | | Embedded Support Engineer (Intel Shannon, Co Clare, Ireland, 19/03/2008) | | Senior Component Design Engineer (Intel Shannon, Co Clare, Ireland, 19/03/2008) | | Account/Sales Manager - Belgium - Semiconductors (, 29/08/2007) |
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