TSMC Soars 4.02% on Intel's 2-nanometer CPU Order

On April 23, 2025, TSMC's stock rose by 4.02% in pre-market trading, reflecting strong investor confidence in the company's recent developments and future prospects.

Intel has reportedly commissioned TSMC to use its 2-nanometer process for producing the Nova Lake CPU. This move is significant as Intel itself possesses the 18A process, which it has claimed to be superior to TSMC's 2-nanometer technology. The decision to outsource production could indicate a strategic shift driven by capacity needs rather than performance considerations.

TSMC's advanced manufacturing processes and robust production capabilities have solidified its position as the world's largest semiconductor foundry. The company's substantial capital expenditures, totaling $298 billion in 2024, underscore its commitment to maintaining technological leadership. For 2025, TSMC anticipates capital expenditures between $380 billion and $420 billion, with a significant portion allocated to advanced process technologies.

TSMC's strategic partnerships with major tech companies, including Apple, NVIDIA, and AMD, further cement its market dominance. The company's 2-nanometer process has attracted numerous clients, including AMD for its Zen 6 Venice server chips and Apple for its upcoming products. This growing client base and advanced technology position TSMC favorably in the competitive semiconductor industry.