TSMC Set For Revenue Growth In 2021 Despite Losing All Huawei Orders
https://wccftech.com/tsmc-revenue-2021-huawei-orders/
The trade war between the United States and China, with the telecommunications giant Huawei Technologies, stuck in the crosshairs escalated last month when the United States Department of Commerce made public its plans to potentially restrict sales of semiconductors fabricated through American-origin equipment to the company. Given that Huawei sources products fabricated on bleeding-edge nodes from the Taiwan Semiconductor Manufacturing Corporation (TSMC), the fab was predicted to face a complicated working environment in the event that it is forced to completely sever ties with the Chinese company.
TSMC (NYSE:TSM) has assured investors that it will not face revenue shortfalls in such an event – an assertion that is likely to bear fruit given its edge in the fabrication market. To that end, we've got analyst comments today that speculate on the fab's and the semiconductor industry's future in light of the recent trade war escalation and the coronavirus outbreak.