Voorspellingen analisten in Taiwan....
Bron: X
TSMC will report 3rd quarter earnings on Oct. 17 in Taipei, and analysts are bullish, media report, noting they expect revenue +12% vs Q2 to new record high, and earnings per share of NT$11, amid strong orders from Nvidia, AMD, Apple, other clients.
Analysts forecast/expect/hope
-TSMC to forecast full year 2024 sales growth of 30% or more
-TSMC guide Q4 revenue up 10% over Q3, on more advanced chip orders
-TSMC 2nm to run 10,000 wafers this year, in 2025 once Kaohsiung fab is up and running, 50,000.
2025
-TSMC price hikes in January, with AI-related and CoWoS prices +10%, HPC +6%, Smartphone/consumer electronics +3%
-CoWoS expansion to continue, CoWoS-L intro, and yields to hit 95%
-See 2025 capex US$38 billion due to 2nm, CoWoS expansion
-Electric prices going up again 14%, to shave 0.39%-0.45% off GM (This year’s 25% power price hike, + inflation, shaved 0.75 to 0.8% off GM)
-2025 gross margin seen 55%
-AI chips (GPU, ASICs, etc) to account for 20% of 2025 revenue
What foreign institutional investors want to hear about on the Q3 call
-Overall semiconductor industry outlook
-TSMC plans to hike prices
-Capex spending update
-2025 market visibility
--Progress on 2nm and potential for early mass production
-CoWoS expansion update