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The original was posted on /r/hardware by /u/TwelveSilverSwords on 2024-09-10 05:53:47+00:00.

Orders for TSMC’s 3nm process may push full year revenue growth to as high as 34%, media report, as Apple’s impending iPhone 16 launch, with the A18 chip built by TSMC on 3nm, begins a wave of 3nm chip work, including 5G chips from Qualcomm and MediaTek, followed by another wave by Nvidia and AMD. Some investment banks reportedly see TSMC’s annual revenue growth forecast rising to 31%-34% from 26%-29%

TSMC is hitting record revenue growth while Intel and Samsung Foundry struggle to find customers.