"TSMC Has Moved 3nm Process Technology To Commercial Production For Apple's Orders In 2023, Which Are Expected To Contribute 4-6% To The Pure-Play Foundry's Overall 3nm Chip Sales This Year" - DigiTimes Alert
Portfolio Pulse from Benzinga Newsdesk
Taiwan Semiconductor Manufacturing Company (TSMC) has moved its 3nm process technology to commercial production for Apple's orders in 2023. This is expected to contribute 4-6% to TSMC's overall 3nm chip sales this year.
October 12, 2023 | 12:59 pm
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POSITIVE IMPACT
Apple's orders for TSMC's 3nm process technology will begin in 2023, indicating a potential upgrade in Apple's product line.
Apple's order for TSMC's 3nm chips indicates a potential upgrade in their product line, which could make their products more competitive and increase sales. This is likely to have a positive impact on Apple's stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
TSMC's 3nm process technology moving to commercial production for Apple's orders is expected to contribute 4-6% to its overall 3nm chip sales this year.
TSMC moving its 3nm process technology to commercial production for Apple's orders indicates a significant revenue source for the company. This is expected to contribute 4-6% to TSMC's overall 3nm chip sales this year, which is likely to have a positive impact on TSMC's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100