TSMC: growth in revenues and expectations for the 2 Nm node | List of hardware components and functions | Computer hardware notes | Gpu vs cpu architecture | Turtles AI

TSMC reported significant growth in the third quarter of 2024, with revenue growth related to demand for advanced chips, particularly for 5nm and 3nm nodes. However, growing demand for the 2 nm node portends an interesting development in the market.

Key points:

• TSMC reported a 36 percent increase in revenue in Q3 2024, reaching $23.50 billion.
• 5nm and 3nm nodes currently dominate the market, contributing 32% and 20% of total revenues, respectively.
• Mass production for the 2 nm node is planned for 2025, with growing interest from customers such as Apple and NVIDIA.
• Samsung is preparing to compete in the industry with its 2nm node, increasing the challenge for TSMC.

In the third quarter of 2024, TSMC reported positive financial results, with revenues increasing significantly to more than $23 billion, marking a 36 percent increase over the same period in the previous year. More advanced process nodes, particularly 5nm and 3nm, continue to dominate the market, contributing 32% and 20% of total revenues, respectively. Nevertheless, the 2 nm node, which will enter mass production in 2025, is attracting increasing demand from key companies in the industry, suggesting a promising future. Estimates indicate that once production begins, the 2nm node could surpass both the 5nm and 3nm in terms of shipments and revenues. The Baoshan and Kaoshiung factories are slated for initial production of about 30,000 and 35,000 wafers, with the goal of exceeding 100,000 by 2027. Apple, NVIDIA and AMD are preparing to become among the first customers for these advanced chips, highlighting the growing interest in 2-nm technology. However, competition is intense, with Samsung already preparing to launch its own 2nm node, trying to capture slices of the market. The challenge between TSMC and Samsung looks to be fierce, with both companies aiming to meet the needs of strategic semiconductor customers.

In a rapidly changing market, it remains to be seen how the competitive dynamics between these technology giants will develop.