Global Foundry Industry Rebounds in Q2 2024 with Strong AI Demand
TapTechNews August 21st news, the market research organization CounterpointResearch released a blog post yesterday (August 20th), reporting that the global foundry industry output value in the second quarter of 2024 increased by approximately 9% quarter-on-quarter and approximately 23% year-on-year, indicating that although the recovery of the entire logic semiconductor market is relatively slow, the industry has bottomed out and rebounded.
Taiwan Semiconductor Manufacturing Company (TSMC)
Driven by the continued strong growth in the demand for artificial intelligence accelerators, TSMC achieved a modest revenue growth in the second quarter of 2024. TSMC expects that the supply-demand balance of AI accelerators will remain tight until the end of 2025 or the beginning of 2026.
The company also plans to at least double the CoWoS capacity again in 2025 to meet the strong customer demand for artificial intelligence.
The institution still believes that TSMC is highly likely to increase the prices of advanced nodes such as 3-nanometer and 5-nanometer / 4-nanometer in 2025, highlighting TSMC's technological leadership and indicating the company's long-term profitability and the continuous growth of the industry.
Samsung
The revenue of Samsung Foundry has continued to grow, mainly due to the pre-building and restocking of smartphone inventories, and maintained the second position with a 13% market share in the second quarter of 2024. The company will continue to strive for more mobile and AI/HPC customers for advanced nodes and expects its annual revenue growth to exceed the industry growth.
TapTechNews attaches other information including:
The demand for artificial intelligence remains strong. The supply of CoWoS is still tight, and the potential advantages of future capacity expansion will be concentrated on CoWoS-L.
The recovery of non-artificial intelligence demand is progressing slowly, and it is expected that the smartphone peak season in the third quarter of 2024 will not be strong, and the recovery of automotive and industrial demand will also be postponed.