TSMC to exceed $100 billion in revenue in 2025

TSMC’s revenue in 2020 is approximately $47.44 billion. At present, TSMC’s momentum is very strong, and the development prospects of the semiconductor industry are also promising. I believe that there will be good development in the next few years. With the recent news that TSMC is preparing to increase the price of chip orders starting in 2022, investment institutions are generally optimistic about TSMC’s revenue in the next few years.

According to United Daily News (UDN), JPMorgan’s analysis shows that TSMC’s revenue will exceed the $100 billion mark in 2025. Citibank also had similar analysis reports before, and it was even more optimistic. Analysts estimate that Intel’s revenue will be around $125 billion by 2025, and TSMC is rapidly closing the huge gap between the two parties.

JPMorgan Chase believes that the global demand for high-performance computing platforms (HPC) and data centers are very strong, and it is likely to be higher than previously expected, which will increase TSMC’s revenue. At the same time, TSMC holds the commanding heights of advanced technology, especially in the mobile field involving smartphone chips. This market will continue to grow in the next few years. In addition to manufacturing technology, TSMC also has good packaging technology and a strong wafer ecosystem, which also increases TSMC’s bargaining power.

JPMorgan Chase expects that TSMC will have a compound annual growth rate of 30% from 2020 to 2025 in HPC and data center-related products. By 2023, it will exceed the revenue of smartphone chips and become the largest part of TSMC’s revenue. By 2025, the scale will reach $50 billion. JPMorgan Chase said that from 2020 to 2025, TSMC’s revenue compound annual growth rate is 17%, which is similar to HSBC’s previous forecast.