[Dan Nystedt] TSMC's full year revenue to grow by 34% thanks to 3nm process
Posted by TwelveSilverSwords@reddit | hardware | View on Reddit | 3 comments
https://x.com/dnystedt/status/1832961276894687503
Orders for TSMC’s 3nm process may push full year revenue growth to as high as 34%, media report, as Apple’s impending iPhone 16 launch, with the A18 chip built by TSMC on 3nm, begins a wave of 3nm chip work, including 5G chips from Qualcomm and MediaTek, followed by another wave by Nvidia and AMD. Some investment banks reportedly see TSMC’s annual revenue growth forecast rising to 31%-34% from 26%-29%
TSMC is hitting record revenue growth while Intel and Samsung Foundry struggle to find customers.
-protonsandneutrons-@reddit
Some claim leading-edge nodes at Samsung & Intel are necessary for competitive reasons. I agree.
Some people argue leading-edge nodes at Samsung & Intel are required for capacity reasons. That remains to be seen because the world is fabricating on TSMC's nodes without serious shortages:
TSMC's leading-edge does not have a capacity problem and seems to easily accommodate the world. This harkens back to Stratechery's core thesis in their Intel Honesty article, emphasis mine:
Time has shown that near-monopolies do not generally have capacity problems.
Acrobatic_Age6937@reddit
It's a pay to play market. That lives on cross financing. Taiwan gets security. The US pays for more robust supply chains etc.
Legal-Insurance-8291@reddit
Being the only company with a working top end node is just a license to print money.