icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

TSMC Shares Soar 4.12% as Innovations and Global Expansion Drive Market Optimism

Mover TrackerTuesday, Sep 24, 2024 6:31 pm ET
1min read

Taiwan Semiconductor Manufacturing Company (TSMC) has recently been at the center of several significant developments. On September 24, its stock rose by 4.12%, marking its second consecutive day of gains and achieving a high not seen since July 2024. This reflects market optimism amidst TSMC's advancements and strategic moves.

In terms of innovation, TSMC's advanced packaging plant in Miaoli, Zhunan, is gaining attention. It is poised to focus on next-generation packaging technologies, including SoICs and WoW, potentially partnering with Huawei's HiSilicon. Although there has been no official comment from TSMC, the move could significantly bolster its capacity and technological prowess.

TSMC has consistently pushed the envelope in semiconductor packaging, rapidly advancing in the field. Its CoWoS monthly capacity has reportedly increased significantly, establishing TSMC as a forerunner compared to other outsourced semiconductor assembly and test (OSAT) companies.

Furthermore, TSMC continues to progress in the development of cutting-edge fabrication processes. Reports indicate that its 2nm process began risk production ahead of schedule and is expected to scale up by 2025, setting the stage for future innovations like the 1.4nm process.

Internationally, TSMC's expansion extends beyond Taiwan. In Arizona, their newly constructed wafer fab is set to begin large-scale production sooner than planned. This follows the recent commencement of small-scale production for Apple's A16 chip, demonstrating TSMC's ability to accelerate project timelines successfully.

As global demand for semiconductors grows, driven by advances in artificial intelligence, TSMC’s strategic developments and technological advances reinforce its dominant position in the semiconductor industry.

Comments

Add a public comment...
Post
Refresh
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App