Reported about 1 year ago
According to FTNN News on June 11, 2024, TSMC's stock price neared 899 NTD, with a significant lead over China's largest semiconductor foundry SMIC, marking the largest gap in 20 years. Western countries tightening semiconductor export controls to China has led to the establishment of a national semiconductor industry investment fund by China, but experts point out that SMIC's chip manufacturing process lags even though it claims 7nm chip capability, still behind TSMC's most advanced 3nm process by over two generations. The cost of catching up could be 10 times higher for SMIC than TSMC, prompting discussions on technological advancements and effective goal achievements.
Source: YAHOO