'A Significant Ramp-Up In CoWoS Production Capacity At TSMC Is Anticipated To Propel Server Companies' AI Server Sales To New Heights In 2024, According To Industry Sources'
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Industry sources anticipate a significant increase in CoWoS (Chip on Wafer on Substrate) production capacity at TSMC, which is expected to boost AI server sales for server companies in 2024.
January 23, 2024 | 1:53 pm
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TSMC's anticipated increase in CoWoS production capacity is expected to enhance its position in the AI server market, potentially leading to increased revenues in 2024.
As TSMC expands its CoWoS production capacity, it is likely to attract more business from server companies needing advanced AI chips, which could lead to higher demand for TSMC's services and an increase in its stock price in the short term.
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