Of course, it is important to take into account that TSMC’s production cycle for many types of components lasts several weeks, and in August the company received money for those orders that were made earlier, but Huawei has been under sanctions for more than a month and therefore could increase the volume of orders by September in advance. Anyway, the August revenue TSMC updated monthly record, reaching $ 4.2 billion. It has increased by 16% sequentially and 15.8% YoY.

Since the beginning of the year, TSMC has gained $ 29 billion in total, which is 30.7% higher than the result of the same period last year. The company set its previous monthly revenue record in June, a month after the first wave of US sanctions against Huawei. At that time, they only concerned HiSilicon processors and other custom-made microcircuits. The August round of sanctions blocked Huawei’s access to any components made using American equipment or technology.

All previously ordered products TSMC is obliged to ship to Huawei by September 15, in the future, and cooperation without a special license will be prohibited. In September, TSMC’s revenue is unlikely to exceed $ 3.4 billion, as Taiwanese sources expect. It will not be a big problem for TSMC to quickly make up for the lost income due to the sanctions. Firstly, customers are already in line with the company’s services. Secondly, if the United States realizes its intentions to restrict the activities of the Chinese company SMIC, then some of its customers may go to TSMC.