TSMC Breaks through NT$1000 Mark! AI Chip Orders from Japanese Customer Snatched by Samsung

Reported 12 months ago

On July 9, 2024, TSMC's stock price surged by NT$40 to NT$1055, reaching a new high before closing at NT$1040. However, amidst fierce competition in the semiconductor industry, TSMC's customer Preferred Networks (PFN) from Japan, has been taken over by Samsung. Samsung announced today that they have secured PFN's AI chip orders, utilizing Samsung's 2-nanometer wafer processing and advanced chip packaging services. This marks Samsung's first public 2-nanometer wafer manufacturing order, with chips designed by Korean company Gaonchips. This move comes after Google shifted its Tensor G5 chip manufacturing contract from Samsung to TSMC, adding to Samsung's competitive challenges in the market.

Source: YAHOO

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