Summary by Futu AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), a leading semiconductor manufacturer, reported its revenue for May 2024. The company's consolidated net revenue for the month was NT$229.62 billion, marking a 2.7% decrease from April 2024 but a significant 30.1% increase from May 2023. The cumulative revenue from January to May 2024 reached NT$1,058.29 billion, representing a 27.0% rise compared to the same period the previous year. The report, filed with the United States Securities and Exchange Commission on June 7, 2024, also included details on funds lent to other parties, endorsements and guarantees, and financial derivative transactions. TSMC's lending to its wholly-owned subsidiary TSMC Nanjing stood at NT$35.84 billion, while guarantees provided to various subsidiaries totaled NT$2.70 billion. The company's financial derivatives showed a cumulative unrealized loss of NT$1.06 million and a cumulative realized loss of NT$3.65 million. The report reflects TSMC's financial activities and performance for the specified period.