On June 17, according to Taiwan media reports, with production capacity in short supply, TSMC will launch new price increase negotiations in the second half of the year, mainly for 5nm and 3nm, as well as the future 2nm process. It is expected that the decision to increase prices will be the fastest. It will officially take effect in 2025. It is worth noting that this wave of price increases has begun to be transmitted to the downstream of the industrial chain. According to supply chain news, Qualcomm Snapdragon 8Gen4 is built with TSMC N3E, a price increase of 25% compared to the previous generation, which does not rule out subsequent price increases. At the same time, a new round of semiconductor price increases may be about to begin. A report recently released by Morgan Stanley shows that Huahong Semiconductor's wafer factory's current utilization rate has exceeded 100%, and it is expected to increase wafer prices by 10% in the second half of this year.

On April 8, TSMC and the U.S. Department of Commerce announced the signing of a non-binding preliminary agreement. TSMC will receive up to $6.6 billion in direct funding and up to $5 billion in loans under the U.S. Chip and Science Act. Phoenix is ​​building a third wafer foundry to produce 2nm or more advanced chips by 2023.

According to Taiwan media reports, TSMC's Arizona plant will delay mass production from 2024 to 2025。There are divergent views on the reasons for the lagging progress of plant construction in the United States.。According to professional analysts, union resistance in the U.S. is only one of the problems, as well as other reasons such as increased costs and a lack of experience in fab building audits by local government regulators.。Earlier, Yang Yingchao, chairman of Cokland Capital, had said that TSMC's biggest problem was that its employees were not acclimatized, and that TSMC treated Phoenix as a Hsinchu industrial park, but that Phoenix's employees were not on the move, and that the overtime culture made Americans unaccustomed.。

On the 28th, TSMC recently released a blueprint for product planning to enter the 1nm process at the 2023 IEEE International Electronic Components Conference.。More than 1 trillion transistors are expected to be available in 3D packages by 2030, and the company is developing chips containing 200 billion transistors in monolithic architecture.。In order to achieve this goal, the company reiterated that it is working on the development of 2nm-class N2 and N2P production nodes, 1.4nm-class A14 and 1nm-class A10 manufacturing processes, expected to be completed by 2030。

Recently, TSMC founder Zhang Zhongmou publicly stated that it is almost impossible for the U.S. semiconductor industry to be independent.。Zhang Zhongmou said that it is simply impossible for the United States to re-establish capacity (scale) like TSMC, at least not in the short term.。Talking about the U.S. Chip Act, Chang said that the amount of investment that attracted TSMC to set up plants in the U.S. was $52 billion, of which $39 billion was subsidized by the U.S. government, but that was the total amount of subsidies for many years.。While TSMC invests an average of $30 billion a year, or more, "can this be interpreted as a relatively small amount of investment in the United States?"。Zhang Zhongmou said that whether it is the U.S. Chip Act or other bills, "I think it is quite wasteful."。"If the United States thinks it can get into the world's most sophisticated chipmaking market by spending money, it's naive."。He said that semiconductor chip manufacturing is extremely complex, requires a lot of labor, and pay attention to the quality of assembly。"Zhang Zhongmou said。

TSMC held a law meeting on October 19, for next year's operating outlook, TSMC President Wei Zhejia said that artificial intelligence (AI) demand is still strong, although not all to make up for other applications, but the industry inventory adjustment continues, the current N3 (3nm) demand is higher than three months ago, contributing to TSMC's healthy growth in 2024。For the United States recently expanded the scope of restrictions on the export of advanced AI chips to mainland China, he believes that the new rules may lead to some products can not be shipped to mainland China, these days the company is assessing the impact.。At present, the impact on TSMC is small and controllable.。

According to media reports, regarding the ban on chip exports to mainland China, the United States is updating the list of "verified end users."。The United States will indefinitely extend the exemption of South Korea's Samsung and SK Hynix from export control measures on semiconductor-related equipment to mainland China, and TSMC will receive a one-year exemption.。TSMC said on the 13th that it has been allowed to continue operations in Nanjing, and at the same time, at the suggestion of the United States, it is applying for an indefinite exemption for operations in the mainland.。Based on the recommendations of the U.S. Department of Commerce's Bureau of Industry and Security, TSMC is expected to obtain an indefinite exemption by completing the application process for "verified end-user" authorization.。

Since June this year, TSMC's share price has been in a pattern of falling and falling.。TSMC's share price has now fallen 11% from its June high, wiping $77 billion off its market value.。You know, TSMC's market capitalization at the time of its IPO was only $45 billion, and its total revenue in fiscal 2022 was only $76 billion, so it can be said that TSMC lost its total revenue for the entire fiscal 2022 in just a few months.。Even if you look at all of Asia, there is no stock that has lost more than TSMC。However, as an artificial intelligence year, sitting on Apple, Qualcomm, Nvidia and other well-known enterprises contract orders TSMC, how can there be a rare plunge?？One theory is that TSMC's plunge may be related to the maturity of related industrial chains in China, including the emergence of the Huawei Mate 60 series。As we all know, Huawei has been sanctioned by the United States in the past three years, which has also led to TSMC's inability to supply its own semiconductor products to this important customer.。Originally, Americans thought that as long as the chip is cut off, Huawei can no longer make decent mobile phone products in the short term, as a result, the emergence of the Huawei Mate 60 series completely shattered the beautiful fantasy of the old beauty.。Who would have thought that Huawei not only used the 5-nanometer process of the Kirin 9000S chip, but also after three years in the mobile phone products again equipped with 5G technology, which means that in China, it is likely to have produced a relatively mature industrial chain, can help Huawei effectively deal with the risk of "stuck neck" of the United States.。Learned apprentice starved to death master, Huawei built a 5-nanometer chip can be anxious to destroy TSMC, because this will mean that TSMC will permanently lose Huawei this important customer, making its already grim financial performance worse.。From January to August this year, TSMC's cumulative revenue fell by more than 5%, and August's revenue created TSMC's worst financial performance since its inception.。

Is it a good thing or a bad thing for TSMC to build factories everywhere?？First go to the United States, the factory is built, the people are in place, it seems that everything is ready。Now it has gone to Germany again, TSMC has been revealed to have been officially approved to build a plant in Germany, focusing on 28nm capacity chips with a total investment of more than 10 billion euros, which will be TSMC's first plant in Europe.。As an enterprise, TSMC does have its helplessness, but the German plant, ah, may not go more smoothly than the American plant.。As an outsider, TSMC's U.S. plant hasn't opened yet, but the turmoil is one after another, the cost is high, there is still a shortage of people, and the people are not well managed.。Considering that the lack of skills of American workers will lead to delays in production, TSMC wanted to send someone from Taiwan to add a hand, but it was slapped by the old US, saying that TSMC was an excuse to bring in lower-paid foreign workers.。Although the latter clarification is a misunderstanding, but presumably life will not be better。And TSMC's German factories will also face labor shortages, even if the local in order to support manufacturers, the introduction of some subsidy policies, creating a lot of jobs, but the trend of Germany's aging population is really serious, which in the end who should fill the pit?？At this time, Germany is still evaluating the replacement of all Huawei equipment in the railway system.。The reason why Germany agreed to subsidize TSMC is that it also wants to transfer technology and talent, and transfer more production lines to the local market in order to reduce its dependence on Asian countries.。Not to mention BenQ's lesson, it's probably unknown whether TSMC's German plant will open on schedule.。