'TSMC To See 2H 2024 Revenue Boost From 3nm Chip Orders; A Ramp-Up In 3nm Chip Orders From Intel May Serve As A Significant Catalyst For TSMC's Revenue Growth In The Latter Half Of 2024, According To Industry Sources.' - DigiTimes Alert
Portfolio Pulse from Benzinga Newsdesk
TSMC is expected to see a revenue boost in the second half of 2024 due to increased orders for 3nm chips, particularly from Intel. This ramp-up in orders is anticipated to be a significant catalyst for TSMC's revenue growth.
July 15, 2024 | 1:07 pm
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POSITIVE IMPACT
Intel's increased orders for 3nm chips from TSMC are expected to serve as a significant catalyst for TSMC's revenue growth in the latter half of 2024.
Intel's decision to increase orders for 3nm chips from TSMC indicates a strategic move to leverage advanced technology, which could enhance Intel's product offerings and market competitiveness.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TSMC is expected to experience a significant revenue boost in the latter half of 2024 due to increased orders for 3nm chips, particularly from Intel.
The increase in 3nm chip orders, especially from a major client like Intel, is likely to significantly boost TSMC's revenue in the second half of 2024. This development is a strong positive indicator for TSMC's financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100