Latest news with #Semiconductor
Malaysian Reserve
17 hours ago
- Business
- Malaysian Reserve
Sarawak gathers gov't agencies, industry players for next leap in semiconductors
KUCHING — Sarawak Microelectronics Design (SMD) Semiconductor will host the Sarawak Semiconductor Syndication Session on July 21 here. SMD, in a statement, said the one-day workshop brings together federal and state ministries, government agencies, local universities, training centres and industry players to accelerate Sarawak's development into a cutting-edge semiconductor hub. Jointly organised by the Sarawak Ministry of Education, Innovation and Talent Development (MEITD) and the Sarawak Ministry of International Trade, Industry and Investment (MINTRED), this initiative seeks to translate strategic vision into concrete actions and measurable outcomes, with a strong focus on Sarawak's future generation and economic resilience. The workshop follows the launch of the Sarawak Semiconductor Strategic Framework and the Sarawak Semiconductor Roadmap 2030, officiated by Sarawak Premier Tan Sri Abang Johari Tun Openg in April this year. SMD chief executive officer Shariman Jamil will lead the session with an exclusive presentation of the roadmap, outlining ten strategic steps to build a comprehensive semiconductor ecosystem in Sarawak by 2030. 'This bottom-up approach has been our longstanding practice, ensuring our framework truly reflects industry needs – locally and globally – and unlocks opportunities for Sarawakians. 'This syndication will turn vision into reality, fuelling Sarawak's journey toward becoming the Silicon Nerve Centre of Asia. It's not just ambition. It's happening – and we want everyone to be part of it,' Shariman said in the same statement. Participants are expected to contribute to formulating coordinated strategies that align Sarawak's efforts with national and international objectives. The session's outcomes and strategic recommendations will be formally presented to Abang Johari. — BERNAMA
Yahoo
a day ago
- Business
- Yahoo
Taiwan Semiconductor Manufacturing Co Ltd (TSM) (Q2 2025) Earnings Call Highlights: Robust ...
Revenue: Increased 17.8% sequentially to $30.1 billion in USD terms. Gross Margin: Decreased 0.2 percentage points sequentially to 58.6%. Operating Margin: Increased 1.1 percentage points sequentially to 49.6%. Earnings Per Share (EPS): TWD15.36, up 60.7% year over year. Return on Equity (ROE): 34.8%. 3-nanometer Technology Revenue: Contributed 24% of wafer revenue. 5-nanometer Technology Revenue: Accounted for 36% of wafer revenue. 7-nanometer Technology Revenue: Accounted for 14% of wafer revenue. Advanced Technologies Revenue: Accounted for 74% of wafer revenue. HPC Revenue: Increased 14% quarter over quarter, accounting for 60% of total revenue. Smartphone Revenue: Increased 7%, accounting for 27% of total revenue. IoT Revenue: Increased 14%, accounting for 5% of total revenue. Automotive Revenue: Remained flat, accounting for 5% of total revenue. DCE Revenue: Increased 30%, accounting for 1% of total revenue. Cash and Marketable Securities: TWD2.6 trillion or USD90 billion. Accounts Receivable Turnover Days: Decreased by 5 days to 23 days. Days of Inventory: Decreased by 7 days to 76 days. Cash from Operations: TWD497 billion. Capital Expenditures (CapEx): TWD297 billion or USD9.6 billion. Cash Dividend: TWD117 billion for third quarter '24. Third Quarter Revenue Guidance: Expected between USD31.8 billion and USD33 billion. Third Quarter Gross Margin Guidance: Expected between 55.5% and 57.5%. Third Quarter Operating Margin Guidance: Expected between 45.5% and 47.5%. 2025 Capital Budget: Between USD38 billion and USD42 billion. Warning! GuruFocus has detected 9 Warning Signs with BOM:534600. Release Date: July 17, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Second-quarter revenue increased by 17.8% sequentially in US dollar terms, reaching $30.1 billion, exceeding guidance. Advanced technologies (7-nanometer and below) accounted for 74% of wafer revenue, showcasing strong demand for cutting-edge processes. TSMC's AI and HPC-related demand remains robust, contributing significantly to revenue growth. The company plans to invest $165 billion in advanced semiconductor manufacturing in the US, indicating strong future growth potential. TSMC's N2 and A16 technologies are on track, with N2 expected to enter volume production in the second half of 2025, promising future revenue streams. Negative Points Gross margin decreased by 0.2 percentage points sequentially to 58.6%, impacted by unfavorable foreign exchange rates and overseas fab costs. The company anticipates continued gross margin dilution from overseas fabs, with a forecasted impact of 2% to 4% annually over the next five years. Foreign exchange rate fluctuations pose a significant risk, with a 1% appreciation of the NT dollar against the US dollar reducing gross margin by about 40 basis points. TSMC's fourth-quarter revenue is expected to decline, reflecting a cautious outlook due to potential tariff impacts and macroeconomic uncertainties. The company faces challenges in narrowing the supply-demand gap for advanced nodes like N3 and N5, indicating potential capacity constraints. Q & A Highlights Q: How is TSMC addressing the increasing demand for AI and data center applications, particularly regarding CoWoS capacity? A: C.C. Wei, Chairman and CEO, stated that AI demand is growing stronger, and TSMC is working to narrow the supply-demand gap for CoWoS. The company is focused on increasing capacity to meet this robust demand. Q: What is TSMC's outlook on the impact of foreign exchange rates on profitability, and how does it plan to manage these effects? A: Wendell Huang, CFO, explained that foreign exchange rates significantly impact profitability. TSMC plans to manage these effects by leveraging other factors such as pricing and operational efficiencies to maintain a gross margin of 53% or higher. Q: Can you provide insights into the N2 ramp and its expected revenue contribution? A: C.C. Wei mentioned that the N2 ramp profile is similar to N3, but revenue contribution will be higher due to increased demand from both smartphone and HPC customers. The ramp is constrained by capacity, but the pricing for N2 will reflect its value. Q: How does TSMC plan to address the tight supply for N3 and N5 nodes, and what is the strategy for mature nodes? A: C.C. Wei noted that both N3 and N5 nodes are experiencing high demand and tight supply. TSMC is using its GigaFab cluster to adjust capacity between nodes. For mature nodes, TSMC focuses on specialty technologies like RF and CMOS image sensors to meet customer demand. Q: What are TSMC's plans for overseas expansion, and how will this affect the company's overall strategy? A: C.C. Wei highlighted that overseas expansion is driven by customer demand and supported by government incentives. The expansion in the US focuses on leading-edge technology, while Japan and Germany focus on specialty technologies. These expansions are not expected to impact each other negatively. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Wall Street Journal
3 days ago
- Business
- Wall Street Journal
TSMC Profit Surges to Record Despite Tariff Cloud
Taiwan Semiconductor Manufacturing Co. delivered record profit in the second quarter, driven by continued robust chip demand for artificial-intelligence applications despite currency headwinds and the drag from U.S. tariff uncertainty. The world's largest contract chip maker said Thursday that net profit jumped 61% from a year earlier to 398.27 billion New Taiwan dollars, equivalent to US$13.57 billion, beating the NT$379.415 billion consensus estimate of analysts in a FactSet poll.
Yahoo
4 days ago
- Business
- Yahoo
Nvidia and AMD Lead Chip Rally After H20 Chips Poised for China Comeback
July 15 - Semiconductor stocks rallied on Tuesday after Nvidia (NASDAQ:NVDA) got a major breakthrough. Nvidia shares jumped about 4% after the company said it may resume sales of its H20 GPUs in China, following U.S. government signals that export licenses will be granted. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Advanced Micro Devices (NASDAQ:AMD) surged more than 6%, while Broadcom (NASDAQ:AVGO) climbed about 2%. Qualcomm (QCOM) added roughly 1%, and Micron Technology (NASDAQ:MU) gained about 2%. CEO Jensen Huang also unveiled the RTX PRO, a compliance?ready GPU aimed at smart factories and logistics. Huang met with President Donald Trump to back U.S. job creation and AI leadership, then held talks with Chinese officials on safe AI collaboration. Analysts applauded the developments. Wedbush called the potential H20 chip return a watershed moment for Nvidia, the AI Revolution thesis, and the overall U.S. tech industry, while Wells Fargo noted that renewed China sales may boost demand for AMD and MU. Other chipmakers rose on the news. Taiwan Semiconductor Manufacturing (NYSE:TSM) and Lattice Semiconductor (NASDAQ:LSCC) each climbed about 3%, Marvell Technology (NASDAQ:MRVL), GlobalFoundries (NASDAQ:GFS) and Intel (NASDAQ:INTC) rose about 2%, Analog Devices (NASDAQ:ADI) edged about 1%, and Texas Instruments (NASDAQ:TXN) inched into positive territory. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Nvidia and AMD Lead Chip Rally After H20 Chips Poised for China Comeback
July 15 - Semiconductor stocks rallied on Tuesday after Nvidia (NASDAQ:NVDA) got a major breakthrough. Nvidia shares jumped about 4% after the company said it may resume sales of its H20 GPUs in China, following U.S. government signals that export licenses will be granted. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Advanced Micro Devices (NASDAQ:AMD) surged more than 6%, while Broadcom (NASDAQ:AVGO) climbed about 2%. Qualcomm (QCOM) added roughly 1%, and Micron Technology (NASDAQ:MU) gained about 2%. CEO Jensen Huang also unveiled the RTX PRO, a compliance?ready GPU aimed at smart factories and logistics. Huang met with President Donald Trump to back U.S. job creation and AI leadership, then held talks with Chinese officials on safe AI collaboration. Analysts applauded the developments. Wedbush called the potential H20 chip return a watershed moment for Nvidia, the AI Revolution thesis, and the overall U.S. tech industry, while Wells Fargo noted that renewed China sales may boost demand for AMD and MU. Other chipmakers rose on the news. Taiwan Semiconductor Manufacturing (NYSE:TSM) and Lattice Semiconductor (NASDAQ:LSCC) each climbed about 3%, Marvell Technology (NASDAQ:MRVL), GlobalFoundries (NASDAQ:GFS) and Intel (NASDAQ:INTC) rose about 2%, Analog Devices (NASDAQ:ADI) edged about 1%, and Texas Instruments (NASDAQ:TXN) inched into positive territory. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
