In its original second quarter guidance, issued April 27, the Singapore foundry said it expected growth from several customers and applications. However, lower shipments of 90 nanometer wafers to the PC segment will hurt revenue growth and put a crimp on profitability.

Chartered's revenues are expected to stagnate at around $323 million as the average selling price per wafer declines at least 12 percent, and as much as 16 percent. Utilization will hover around 77 percent.

Over at TSMC, the picture is brighter, but not brilliant. Just one week after a positive update. FBR Research put out another note saying TSMC will exceed its expectations. It says second quarter wafer shipments could "come in at the high end of our already revised expectations of up 15 percent to 17 percent, versus expectations of up 14 percent to 15 percent from April."

For the second quarter, TSMC said revenue would increase to between $2.21 billion and $2.27 billion.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved