台积电董事长魏哲家在电话会上表示：Taiwan Semiconductor indicated that capital expenditures in 2025 are likely to be higher than this year, while capital expenditures in 2024 will be slightly higher than $30 billion, previously estimated to be $30 billion to $32 billion. Regarding the rumors of acquiring Intel, Taiwan Semiconductor responded that they have no intention to acquire Intel fabs.
On Thursday, global chip manufacturing giant taiwan semiconductor announced better-than-expected third-quarter performance, with net income increasing by 54% year-on-year, net revenue exceeding market expectations, and the proportion of revenue from advanced processes further increasing compared to the previous quarter.
In the subsequent earnings conference call, taiwan semiconductor disclosed several key points, including an estimated 30% increase in annual revenue, capital spending slightly higher than 30 billion US dollars, real demand for ai, and no intention to acquire intel.
Chairman of taiwan semiconductor, Wei Zhejia, stated in the conference call:
In US dollars, it is expected that its annual revenue will increase by nearly 30%.
Demand for CoWoS exceeds supply, and capacity for 2024 and 2025 will double.
Capital expenditure in 2025 is likely to be higher than this year, while capital expenditure in 2024 will be slightly higher than 30 billion US dollars, previously expected to be between 30 billion and 32 billion US dollars.
Increased capital expenditure always brings higher growth opportunities, and growth in the next five years will also be 'healthy'.
When it comes to the demand for ai, Wei Zhejia is optimistic about the prospects for chip demand:
The demand for ai is real, the overall chip demand is stabilizing, and improving.
Demand is just the beginning, a key customer of the company also said that the current demand is "crazy, just getting started", and will continue for several years.
It is expected that in the 2024 fiscal year, revenue from server ai processors will grow more than three times, accounting for 15% to 19% of total revenue. At the same time, the expected growth in total revenue has been raised from 20% to 24% to 30%.
In addition, regarding the rumors about Taiwan Semiconductor's acquisition of Intel, Wei Zhejia responded:
Has no intention of acquiring Intel's fabs, he is not interested in acquiring Intel's fabs.
In addition, Taiwan Semiconductor has stated that in 2025, the gradual start-up of overseas fabs is expected to dilute the gross margin by 2-3%. Nevertheless, next year will still be a healthy year of growth, and utilization will also be positive.
Editor/Lambor
