Reported 7 months ago
Recent positive news for TSMC (2330) includes a share buyback of 3,249, Apple, Qualcomm, Nvidia, and AMD placing orders for TSMC's 3nm process chips until 2026, boosting TSMC's stock price to a record high of 883 NT dollars on June 11, 2024. Predictions indicate TSMC's Q2 revenue will increase by 10% driven by AI server and general server demand, with an estimated EPS of 8.83 NT dollars. AI-related chips remain a major revenue source for TSMC, projected to account for 11% of revenue this year and 14% next year. The new Apple M4 and upcoming iPhone 16 A18 chips will use TSMC's 3nm process, and a focus on AI in consumer electronics, particularly AI PCs, is anticipated to increase TSMC's CPU market share to 80% by 2025.
Source: YAHOO