On the afternoon of January 14, TSMC announced its fourth quarter 2020 financial report. Financial report data shows that the net profit of TSMC in the fourth quarter was 142.8 billion NT dollars and (33.04 billion yuan), and the market was estimated to be 137.19 billion NT dollars. In addition, according to mobile phone China citing foreign media reports, consulting firm TrendForce recently stated that Intel has outsourced about 15-20% of its non-CPU chip production, and most of these products are allocated to TSMC and Lianhua Electronics . Z1z Intel mid-range and high-end CPUs are expected to be mass-produced on TSMC’s 3nm technology in the second half of 2022.
Regarding the future outlook, according to media reports, TSMC stated that the industry "major trend" of 5G and high-performance computing related products will continue to drive the company's long-term growth. Driven by the strong demand for the iPhone 12 series and the massive shipments of the A14 processor , the Z1z TSMC ’s future revenue is also expected to exceed their expectations. According to public statistics of
, the stock price of TSMC has soared 70% in 2020. On January 13, analysts at investment bank Bernstein raised the target price of TSMC’s to NT$800, which is more than 30% upside compared to the current stock price of NT$590. (Text | AI Finance and Economics Agency Zhang Ruixin)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-