Reported 8 months ago
TSMC secures a new AI contract from ByteDance, collaborating with Broadcom to develop an advanced AI processor utilizing 5nm process. This move is expected to support TSMC's continuous growth in advanced process orders. Despite the lack of response from TSMC and both companies involved, the partnership is seen as essential for ByteDance amidst heightened US-China tensions and export control measures for advanced semiconductor products. The cooperation also aims to ensure a stable supply of high-end chips while facing limitations in the AI chip supply chain. TSMC's Chairman expects AI-related revenues to account for over 20% of the company's revenue by 2028, with projected growth in server AI processor business in the next five years. However, TSMC is not expected to start manufacturing the new chips this year as chip design activities are still ongoing.
Source: YAHOO