Tag: chipmakers

TSMC Leads Chipmakers’ Sales Surge Ahead of New iPhones

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported a stronger-than-expected 22% rise in quarterly sales, buoyed by orders from its largest customers including Apple Inc.

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The world’s largest contract chipmaker saw revenue for the three months to September climb to a record NT$356.4 billion ($12.4 billion), up from NT$293 billion a year earlier, according to Bloomberg calculations based on monthly sales data disclosed by TSMC. Fellow Taiwanese chipmakers United Microelectronics Corp. and MediaTek Inc. on Thursday also reported strong sales, suggesting a broad recovery in the industry.

TSMC in July raised its 2020 outlook, saying that revenue this year will grow by more than 20% in dollar terms. Sales for the first nine months of the year suggests that Apple’s main iPhone chipmaker is on track to meet its growth forecast as the Covid-19 pandemic fueled demand for home computing equipment.

The company’s business typically revs up in the

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Trump Attack On Huawei Imperils US Chipmakers

Slowly but surely politicians in Washington and Beijing are splitting the internet in half, and that is bad news for innovation and technology investors.

The Chinese foreign minister in September announced new initiatives for global data security, clearly aimed at curtailing efforts by the Trump administration to isolate Chinese technology companies.

It’s too little, too late. Investors should lighten up in select technology shares.

For the better part of two years President Trump and his advisors have been intent on killing Huawei, the giant telecommunication equipment maker. Hawks in his administration see the Chinese

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Latest TSMC 7nm Data Proves Intel And Other Dinosaur Chipmakers Aren’t Even Close To Dying Yet. A Strong Base Of Revenues For TSMC (NYSE:TSM)

Where new school techies and old school dinosaur investors clash heads is on historical versus future success. No story is better represented by that than the still-smoldering battlefield between armchair investors about Intel (INTC) and AMD (AMD). I don’t need to educate most anyone about the scathing response by Wall Street to Intel’s production delay into 7nm. We don’t need a dissection of the stock chart for AMD to comprehend that they are currently priced to rob Intel of massive market share in processors.

I won’t take a stand on that hairy debate, or on other similar discussions that really illustrate the growing divide between “growth” and “value”, though the same nuts and bolts concept I provide with this analysis on TSMC’s (TSM) recent results can be applied to other hardware debates (and maybe one I can elaborate on if there’s enough interest):

  • Traditional servers IBM (IBM), Hewlett Packard Enterprise
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Caught in China-U.S. trade war, Taiwan offers support to chipmakers

TAIPEI (Reuters) – Taiwan President Tsai Ing-wen promised on Thursday to help the island’s key semiconductor industry overcome difficulties and consolidate its leading position, offering support to a sector increasingly caught up in China-U.S. trade tensions.

Companies such as the world’s biggest contract chipmaker, Taiwan Semiconductor Manufacturing Co Ltd, are major suppliers to the likes of Apple Inc and Qualcomm Inc, as well as Chinese firms like Huawei Technologies Co Ltd.

In July, TSMC said it had stopped taking new orders from Huawei in May and did not plan to ship wafers after Sept. 15, responding to U.S. curbs on supplying the Chinese company, which the Trump administration views as a security threat.

China, for its part, is trying to nurture tech champions of its own, such as SMIC, its biggest chipmaker, and wean itself off reliance on U.S. suppliers.

Taiwan’s chipmakers were a crucial part of the global supply

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