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2024-04-19

[News] SK Hynix Partners with TSMC to Strengthen HBM Technological Leadership

South Korean memory giant SK Hynix announced today that it has recently signed a memorandum of understanding with TSMC for collaboration to produce next-generation HBM and enhance logic and HBM integration through advanced packaging technology. The company plans to proceed with the development of HB...

2024-04-19

[News] TSMC to Recognize NTD 3 Billion Earthquake Loss

Following the magnitude 7.2 earthquake in Taiwan on April 3rd, all of TSMC's fabs resumed normal operations within three days. According to a report from Commercial Times, TSMC expects to recognize earthquake-related losses of approximately NTD 3 billion (roughly USD 92.1 million) in the second quar...

2024-04-18

[News] TSMC Q1 2024 Earnings Call Highlighted Two Major Revisions

TSMC held an earnings call on April 18, where it highlighted two significant revisions. The company revised down its annual growth expectations for the global foundry industry and shifted its outlook on automotive growth from positive to declining. When asked about the outlook for end applicatio...

2024-04-18

[News] Micron Reportedly to Receive Over USD 6 Billion in US Chip Funding

Micron, the largest memory manufacturer in the United States, is expected to receive over USD 6 billion in funding from the Department of Commerce to assist with the costs of local factory projects, as part of efforts to bring semiconductor production back to U.S. soil. According to a report fro...

2024-04-18

[News] TSMC Q1 Earnings Beat Expectations, While Eying Up to 8% Revenue Growth in Q2

TSMC today announced consolidated revenue of NTD 592.64 billion, net income of NTD 225.49 billion, and diluted earnings per share of NT$8.70 (USD 1.38 per ADR unit) for the first quarter ended March 31, 2024. Year-over-year, first quarter revenue increased 16.5% while net income and diluted EPS both...

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