TSMC Execution [2024]

[DegustatoR]

Bloomberg - Are you a robot?

The latest measures would seek to encourage chip producers like TSMC, Samsung Electronics Co. and Intel Corp. to more carefully scrutinize customers and increase due diligence, according to people familiar with the matter. The changes follow an incident where TSMC-made chips were secretly diverted to the blacklisted Chinese company Huawei Technologies Co.

The rules, which could be unveiled as soon as Wednesday, would build on global semiconductor restrictions that the Biden administration published on Monday. Those curbs limit the sale of AI chips by the likes of Nvidia Corp. and other advanced makers to data centers in most countries.

 

[pcchen]

TSMC's Q4 results:

https://investor.tsmc.com/chinese/quarterly-results/2024/q4

Hsinchu, Taiwan, R.O.C., January 16, 2025 -- TSMC today announced consolidated revenue of NT$868.46 billion, net income of NT$374.68 billion, and diluted earnings per share of NT$14.45 (US$2.24 per ADR unit) for the fourth quarter ended December 31, 2024.

Year-over-year, fourth quarter revenue increased 38.8% while net income and diluted EPS both increased 57.0%. Compared to third quarter 2024, fourth quarter results represented a 14.3% increase in revenue and a 15.2% increase in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.

In US dollars, fourth quarter revenue was $26.88 billion, which increased 37.0% year-over-year and increased 14.4% from the previous quarter.

Gross margin for the quarter was 59.0%, operating margin was 49.0%, and net profit margin was 43.1%.

In the fourth quarter, shipments of 3-nanometer accounted for 26% of total wafer revenue; 5-nanometer accounted for 34%; 7-nanometer accounted for 14%. Advanced technologies, defined as 7-nanometer and more advanced technologies, accounted for 74% of total wafer revenue.

 

[trinibwoy]

3nm revenue is surprisingly high. Is that all Apple, Intel and AMD?

 

[pcchen]

TSMC does not say anything about its customers but there were news reports indicating that customers of 3nm process include Apple, AMD, Intel, NVIDIA, and Qualcomm.

 

[Erinyes]

TSMC does not say anything about its customers but there were news reports indicating that customers of 3nm process include Apple, AMD, Intel, NVIDIA, and Qualcomm.

I don't think Nvidia is shipping 3nm in revenue at the moment. In order of revenue the likely candidates are Apple, Qualcomm/Intel, AMD and Mediatek.

 

[Pressure]

I don't think Nvidia is shipping 3nm in revenue at the moment. In order of revenue the likely candidates are Apple, Qualcomm/Intel, AMD and Mediatek.

Yes, Apple is shipping iPhones, iPads and Macs with 3nm products.

Apple M3, M3 Pro, M3 Max, M4, M4 Pro, M4 Max, A17 Pro, A18 and A18 Pro.