Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported better-than-expected quarterly revenue, providing another signal that electronics demand is holding up better than feared.
The world’s largest contract chipmaker booked NT$534.1 billion (US$17.9 billion) of revenue for the second quarter, compared with analysts’ average estimate of NT$519 billion.
The results from Apple Inc’s most important chipmaker might allay investors’ worst fears about the impact of weakening demand and soaring costs on the US$550 billion semiconductor industry. On Thursday, Samsung Electronics Co also reported a better-than-anticipated 21 percent jump in revenue, triggering an Asian stock rally.
While concerns linger about the longer-term impact of a
Samsung took on TSMC by initiating the mass production of the world’s first 3nm chips that too using the Gate-All-Around (GAA) transistor architecture.
Samsung Electronics Co. kicked off mass production of 3-nanometer chips that are more powerful and efficient than predecessors, beating rival Taiwan Semiconductor Manufacturing Co. to a key milestone in the race to build the most advanced chips in the world. South Korea’s largest company will begin with 3nm semiconductors for…