Taiwan Semiconductor Manufacturing Co. (TSMC) is set to see significant revenue growth in 2024, with its 3nm node projected to contribute up to 20% of total revenue. The company's focus is shifting from Apple to include producing chips for Intel and AMD. TSMC aims to achieve 60% local procurement in its first Japan fab by 2030, signaling a strategic expansion into the region.
Taiwan Semiconductor Manufacturing Co. (TSMC) told Prime Minister Fumio Kishida that the chipmaker expects to reach 60% local procurement for its first chip plant in the country by 2030. https://t.co/WjFl6BHjoK
TSMC $TSM will begin shipping logic chips for camera sensors and cars from its first facility in Japan (Kumamoto) by the end of this year. $NVDA $AMD $INTC $TSM, one of the most powerful semi-conductor companies the world is building multiple plants in Japan. It has been…
TSMC SAYS 1ST JAPAN FAB TO REACH 60% LOCAL PROCUREMENT BY 2030
Three reasons to invest in $TSM, according to Pence Capital Management CIO Dryden Pence: 1. World's most important company, key AI chokepoint 2. 90% market share for world's most advanced chips 3. Years ahead technologically vs. competitors https://t.co/TD1BxvaxQG
TSMC’s $TSM 3nm node is estimated to account for up to 20% of the company’s revenue in 2024, as the node shifts from a niche node for Apple’s $AAPL chips to producing chips for Intel $INTC and AMD $AMD. $NVDA $AVGO $QCOM