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TSMC Sees Demand Spike For Auto Chips Thanks To Tesla, Nvidia, Qualcomm, Intel

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  • Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) saw orders for automotive electronics chips accelerating at a faster-than-expected pace, Digi Times reports.

  • TSMC's advanced technology leadership will likely attract an influx of AI chip orders for autonomous driving from vendors including NVIDIA Corp (NASDAQ: NVDA), Qualcomm Inc (NASDAQ: QCOM), Intel Corp (NASDAQ: INTC), and Tesla Inc (NASDAQ: TSLA).

  • TSMC commanded a more than 90% share of the 7/5nm foundry process segment.

  • TSMC was also the largest beneficiary of IDMs stepping up their outsourcing of automotive MCUs and other chips to pure-play foundries.

  • TSMC had already won 70% of the total automotive chip orders placed by IDMs.

  • IDMs including Infineon Technologies AG (OTC: IFNNF), NXP Semiconductors NV (NASDAQ: NXPI), STMicroelectronics NV (NYSE: STM), Texas Instruments Inc (NASDAQ: TXN), and Renesas Electronics Corp (OTC: RNECF) have outsourced 15% of automotive chip production. The proportion is poised to grow.

  • TSMC was building new 28nm process fabrication lines at its 12-inch fab in Nanjing.

  • TSMC and Sony set up a joint-venture fab Japan Advanced Semiconductor Manufacturing for 22nm and 28nm process manufacturing in Kumamoto, Japan attracting Denso's participation.

  • Price Action: TSM shares traded lower by 0.21% at $107.14 on the last check Tuesday.

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