In September last year, the United States began to impose sanctions on Huawei chips. In order to express its position, TSMC did not hesitate to cut off its service to Huawei foundry chips. Without Huawei's orders, many netizens originally thought that after losing Huawei, the big

In September last year, the United States began to impose sanctions on Huawei chips. In order to express its position, TSMC did not hesitate to cut off its service to Huawei foundry chips. Since then, TSMC has completely cut off chip supply to Huawei. does not have Huawei's orders. Originally, many netizens thought that after losing Huawei, the big customer, the revenue of TSMC will inevitably be greatly affected.

Indeed, when TSMC just cut off Huawei's chip business, quarterly revenue shrank significantly. , but unexpectedly, in the past year, , TSMC's overall revenue has not only not been impacted, but even broke record sales for two consecutive quarters in 2021.

htmlOn July 15, TSMC released its latest financial report data, showing that TSMC 's total revenue in the second quarter was US$13.289 billion (approximately RMB 85.8 billion), an increase of 28% over the same period last year; at the same time, the net profit in the second quarter was US$4.798 billion (approximately RMB 31.1 billion), an increase of 11.2% over the same period last year.

combined with TSMC 's first quarter revenue data, TSMC 's net profit in the first quarter was RMB 32.3 billion. In other words, in the first half of 2021, TSMC 's net profit reached RMB 63.4 billion.

Seeing this, what many people are puzzled by is why TSMC can maintain such a high growth rate after losing Huawei, a big customer? Who is paying for TSMC ?

In the second quarter of this year's financial report released by TSMC , TSMC 7nm chip revenue in the second quarter accounted for 31% of total sales, and 5nm chip revenue accounted for 18%. In other words, , TSMC's revenue, including 7nm and more advanced processes, accounts for 49% of the total sales. It can be seen that the advanced process of TSMC has become the company's "weapon" to make money. So who is placing an order for these advanced processes?

First of all, as we all know, Huawei was previously one of the largest customers of TSMC's 5nm chip foundry business. TSMC cut off Huawei's chip foundry service, Apple replaced Huawei and became the largest customer of TSMC high-end process chips. Since A14 and A15 Bionic and M1 chips of Apple use 5nm technology, the biggest customer of TSIMC's 5nm chip is Apple Company.

Not long ago, Apple directly ordered 80 million A14 chips from TSMC . In the second half of this year, Apple plans to increase the production of the new generation of iPhones to 90 million units. has the support of the "funding owner" of Apple . The industry expects that TSMC's 5nm chip revenue will reach US$10 billion (approximately RMB 64.6 billion) in 2021.

second. Previous news revealed that Intel also reserved most of TSMC's 3nm process capacity. Processors will be used to produce mobile platforms and server platforms. It is understood that the order of Intel is larger than the order volume of Apple . Intel has now become the largest customer of TSMC 3nm process. This is also one of the reasons why TSMC can still make a lot of money after losing Huawei, a big customer.

3, at a time when the global "chip shortage" is becoming increasingly serious, major chip foundry giants around the world have expanded production, and TSMC has taken more and more orders. In 2021, TSMC 's chip orders have been in short supply, and orders have been booked in the next year. The situation of chip shortage, and the intensified demand for chips in the future will continue to drive the revenue growth of TSMC . It is difficult for TSMC to make money without .

At present, TSMC is developing very strongly, and Recently, the incident of TSMC in the United States building a factory has been a hot topic. It can be seen that TSMC has gone away on the road to "becoming a US company". Once you go to the United States to build a factory, TSMC's free shipment in the future may have to be decided by the United States.

Now the United States is interested in building its own semiconductor industry chain, TSMC may end up being just a "stepping stone". So can TSMC "the world's number one wafer leader" continue to sit firmly? Can Zhang Zhongmou laugh to the end? It's really hard to say.