TSMC Can Earn $100 Billion Revenue In 2025, Letting It To Catch Up To Intel

TSMC Can Earn $100 Billion Revenue In 2025, Letting It To Catch Up To Intel

3 years ago
Anonymous $drS9DEX_Sj

https://wccftech.com/tsmc-can-earn-100-billion-revenue-in-2025-letting-it-to-catch-up-to-intel/

Water tankers exit TSMC's fab in Taiwan as it navigated a historic drought and chip demand earlier this year. Image: CNA

The Taiwan Semiconductor Manufacturing Company (TSMC) will cross the $100 billion revenue mark in 2025, believes investment bank JPMorgan Chase, according to a report from Taiwan. The bank's prediction follows an earlier one from Citigroup, which is even more optimistic for the company, a fact evident in its belief that TSMC's revenue will cross the $100 billion mark a year earlier in 2024. This optimism follows recently reported price increases by the company, as it looks to beef up its gross margins and fund capital expenditures in a growing industry.