TSMC

TSMC has benefited from a steady stream of investment from four major customers, including Apple, Ultrafine, Huida and Qualcomm, and six popular chips, driving revenue in the second half of the year.

TSMC has never commented on a single customer message. However, it is widely known that TSMC is the exclusive foundry for the new iPhone 16 series processors, and the relevant order will become the largest outlet for the 3nm family processing.

Legal analysis, there are nearly 270 million iPhones in the world more than four years old, if this year's replacement, demand exceeded expectations, TSMC in the second half of the year to benefit from the stock of new machines, will be significantly stronger than the first half.

In addition to the iPhone 16 series new machine into the stock season, although Huida reported the latest Blackwell platform AI chip shipment schedule delayed by one quarter, but the demand for Hopper platform H series AI chip continued to be strong.

On the other hand, the two major customers of ultra-fine and Qualcomm are also on the icing on the cake. Among them, ultra-fine, Qualcomm in the AI PC business firepower is fully open, recently have expanded under a single power accumulation. The micro-AI chip business is also good news, revised this year's MI300 AI chip revenue estimates, CEO Su Zifeng shouted that the demand for AI chips "beyond expectations", the industry is expected to rely on TSMC advanced process support.

TSMC is highly optimistic about AI after the market, Chairman Wei Zhejia said in April this year that the AI order visibility and revenue ratio have been revised, of which, the order visibility has been extended from 2027 to 2028.

TSMC's advanced process technology is leading and continues to enjoy the leader dividend. TSMC and most of the world's AI application companies cooperate, with the growth of related demand, is expected to drive revenue growth, foreign corporations have recently repaired TSMC's AI application revenue in the medium and long term.

->Source UDN