Wafer foundry TSMC continued to climb after the market value at the end of September exceeded the level of NT$7 trillion (the same unit). Affected by the performance and the Sino-US trade war reached a phased agreement incentive. On the 14th, the Taiwan stock price opened at a record high of 291.5 yuan, once again refreshing the market value to a new high level of 7.55 trillion yuan.
Zhang Zhongmou, the founder of TSMC, officially retired from TSMC on June 5 last year. He repeatedly stressed that he is confident that TSMC will create another miracle. Chairman Liu Deyin and President Wei Zhejia took over TSMC for more than a year, although they face uncertainties such as Sino-US trade wars. The performance still does not let Zhang Zhongmou disappoint.
TSMC announced last week that its revenue in September was 102.17 billion yuan. Although it was down 3.7% month-on-month, it increased 7.6% year-on-year, which is the highest in a single month this year. Benefiting from the traditional peak season effect, Huawei, Apple, and AMD are driving strong demand for 7-nanometer processes, and high-performance computing products are booming. TSMC's third-quarter revenue was 293.406 billion yuan, up 21.6% quarter-on-quarter, up 12.6% year-on-year. The quarter's performance is new. Accumulated revenue for the first nine months of this year was 752.748 billion yuan, an increase of 1.5% year-on-year, which is also a record high in the same period.
TSMC will hold its third quarter financial report on the 17th. The outlook for the outlook is the most popular focus of the market. Many foreign investors have expected that the sales of Apple iPhone 11 will be better than expected, and other customers' demand will continue. TSMC's fourth-quarter results are expected to rise to the next level, and its annual results will be better than last year's level, which will continue to record a new high.
TSMC recently said that the 7-nanometer powerful version of the process has been shipped in large quantities, and the yield and mass production have been quite close to 7 nanometers in one year; the 6-nanometer process technology is expected to be trial production in the first quarter of next year and mass production before the end of the year; 5 nanometers As the main process choice for 5G, AI and other customers next year, it will accelerate production in March next year. In order to maintain its technological leadership, TSMC continues to develop more advanced processes. Among them, next year we will focus on developing 3 nanometers, and 2 nanometers will have new progress every week.