"Science and Innovation Board Daily" October 11 (Editor Qiu Siyu) Today, the weighted stock price index of the Taiwan Stock Exchange closed lower by 4.4% at 13106.03. TSMC's share price fell 8.3%, the biggest drop in record time.
This year, demand for semiconductor terminals has continued to be sluggish. According to Taiwan Electronic Times today, the global semiconductor economy is declining, and downstream customers of the wafer foundry industry are in a dilemma of high inventory, thus continuing to reduce orders. The order-cutting effect may significantly affect the foundry leader TSMC in the fourth quarter of this year.
Related reports point out that TSMC is facing adjustments to its orders for 2023 by many customers of all sizes. At a time when inventory pressure is high and the fire is on fire, the top ten customers such as Qualcomm , MediumTek , Nvidia, AMD , etc. have all negotiated with TSMC, hoping to reduce and delay orders.
single-snack tide is "cold". At the same time, news of TSMC's capacity utilization rate has declined. It is reported that in addition to the popular 5nm and 28nm processes, the average capacity utilization rate of 7nm and other mature processes will drop to 90%. The industry expects that TSMC's capacity utilization rate will continue to decline in the first quarter of 2023.
In addition to TSMC, due to multiple factors such as overseas export restrictions and sluggish industry demand, the global semiconductor sector has also continued to decline recently. According to statistics from the Science and Technology Innovation Board Daily, the largest drawdown rate of AMD and Nvidia this year exceeded 60%, and the drawdown rate of Intel , Applied Materials, TSMC, etc. also exceeded 50%.
chart | The drawdown of the US semiconductor leader
Citibank analyst Christopher Danely predicts that the semiconductor industry is entering its worst downturn in at least 10 years, and considering the economic recession and increased inventory, it is probably the worst wave since 2001.
Recently, Mao Ning, spokesman of the Ministry of Foreign Affairs of my country, said that in order to maintain technological hegemony, the United States abused export control measures and maliciously blocked and suppressed Chinese companies. This practice deviated from the principle of fair competition and violated international economic and trade rules, which not only harmed the legitimate rights and interests of Chinese companies, but also affected the rights and interests of American companies.
Mao Ning said that 's practice hinders international scientific and technological exchanges and economic and trade cooperation, and will have an impact on the stability of the global industrial chain and supply chain and the recovery of the world economy. The US politicization, instrumentalization and weaponization of science and technology and economic and trade issues cannot stop China's development, but will only block itself and backfire itself.
