TSMC is ready for a Huat Huat Party Bull Run....thanks u for your love of AI...maybe saxbots ate cumming soon

[k1976]

Last year’s fast uptake of generative artificial intelligence looks set to continue, which is the kind of good news that will convince Taiwan Semiconductor Manufacturing Co. that the worst is over for the global chip sector. All it needs now is for us to keep chatting with bots, create AI-generated cat videos, and let computers write school essays.

Global semiconductor industry revenue will climb at least 10% this year, Chief Executive Officer C.C. Wei told investors Thursday, a turnaround from a 2% drop last year. TSMC will do even better, with full-year growth of more than 20% versus a 9% decline.

https://www.bloomberg.com/opinion/a...r-for-a-global-chip-rebound?srnd=premium-asia

 

[k1976]

Taiwan Stocks See Sudden Reversal in Foreign Flows as TSMC Beat​

By Sangmi Cha and Chien-Hua Wan
January 19, 2024 at 5:30 PM GMT+8
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Foreign investors have done an about-face in their Taiwan stock investments this week, thanks to a blowout earnings result from Taiwan Semiconductor Manufacturing Co.
After withdrawing $4.5 billion from local shares through Thursday on post-election concerns and a pullback in US policy easing bets, global funds rushed back in the next day following a solid growth outlook from the chip giant, Bloomberg-compiled data showed. They scooped up $2.6 billion in equities on Friday.

 

[k1976]

TSMC Outlook Drives $165 Billion Chip Rally in 2024 Rebound Bet​

• Chip gearmakers surge after TSMC’s projections beat estimates
• Hopes are firming up for a recovery from a post-Covid slump

Semiconductor stocks from Tokyo Electron Ltd. to Nvidia Corp. gained more than $160 billion of market value after Taiwan Semiconductor Manufacturing Co.’s outlook for capital spending and revenue lifted hopes of a broad tech recovery in 2024.


TSMC’s better-than-projected numbers underscored expectations for a bounce-back in smartphone, chip and computing demand, following more than a year of post-Covid malaise. On Friday, the world’s most valuable chipmaker gained more than 6% in Taipei — its biggest gain in almost a year — after a near-10% climb in the US. Key suppliers Tokyo Electron and Advantest Corp. gained more than 5% in Tokyo. Together, they fueled a gain in semiconductor stocks from the US to Asia of roughly $165 billion, based on Bloomberg’s calculations

 

[k1976]

TSMC’s second factory in Arizona delayed as U.S. grants remain in flux​

TSMC had said it would make 3nm chips at the second factory, which is expected to be more advanced than the first in Arizona, but on Thursday, it said that incentives from the U.S. government would help determine how advanced the tech inside will be. | BLOOMBERG
BY JANE LANHEE LEE AND DEBBY WU
BLOOMBERG
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Jan 19, 2024

Taiwan Semiconductor Manufacturing Co. (TSMC) announced another delay to its $40 billion site in Arizona, dealing a further blow to the plan of President Joe Biden's administration to boost manufacturing of critical components on U.S. soil.
Executives said their second plant in Arizona, whose shell is now being built, will start operations in 2027 or 2028, later than TSMC’s prior guidance of 2026. That’s after the company in July announced a delay to the first site, now due to start making 4-nanometer chips only in 2025, citing a lack of skilled labor and higher costs.

 

[k1976]

Our overseas decisions are based on customer needs and the necessary level of government subsidy, or support,” Chairman Mark Liu said during TSMC’s earnings conference in Taipei on Thursday. The company’s upbeat outlook for the year drove a rally in chip stocks across Asia on Friday, with TSMC shares up as much as 6.3%.

TSMC had said it would make 3nm chips at the second factory, which is expected to be more advanced than the first in Arizona. But on Thursday, the company said that incentives from the U.S. government would help determine how advanced the tech inside will be, adding uncertainty to the project’s outcome.

Because of the setback with the first fabrication plant, TSMC has delayed its second factory too, according to Chief Financial Officer Wendell Huang.

The Taiwanese chipmaker is in talks with the U.S. government about incentives and tax credits, Liu said. He reiterated that TSMC was working with the local union and trade partners in the state. The company has faced resistance to plans to bring in technicians from Taiwan for the construction project.

Pushing back the start of the second fab could mean a delay of as much as two years, time enough for semiconductor tech to advance by one generation.

 

[k1976]

More than a year after Biden signed the Chips and Science Act into law — which is supposed to provide tens of billions of dollars in subsidies to chipmakers expanding in the United States — the administration has yet to hand out any grants to major chipmakers such as TSMC or Intel. It has so far only provided some modest financial support to two minor industry players.

By contrast, TSMC publicized its plans for a more modest plant in Japan later than its Arizona project, but it has already received funds from the Japanese government.

The facility is on track to start production in late 2024, according to the latest update the company provided.

 

[congo9]

That's why US will not let China take over Taiwan.
It does not make sense.

 

[syed putra]

More than a year after Biden signed the Chips and Science Act into law — which is supposed to provide tens of billions of dollars in subsidies to chipmakers expanding in the United States — the administration has yet to hand out any grants to major chipmakers such as TSMC or Intel. It has so far only provided some modest financial support to two minor industry players.

By contrast, TSMC publicized its plans for a more modest plant in Japan later than its Arizona project, but it has already received funds from the Japanese government.

The facility is on track to start production in late 2024, according to the latest update the company provided.

Why would US want to .fund. a Chinese company.

 

[k1976]

Why would US want to .fund. a Chinese company.

Same Luke Wuhan Lab funded by Some AMDK Fund related to Ang MO Big shots

 

[laksaboy]

Why would US want to .fund. a Chinese company.

Taiwan is Taiwan, China is China.