TSMC’s 2020 Sky‑High Success
When Demand Turns Into a Cash Machine
Everyone was looking for faster notebooks, 5G phones, and premium PCs in 2020, and TSMC found itself in the spotlight like a blockbuster movie. The chip‑making giant rode the wave of tech frenzy and turned a pretty decent year into a massive win.
- Revenue hit its all‑time high: NT$1,339.26 billion (about $47.78 billion) – up 25.2% from the previous year.
- Stock surged: The shares leapt roughly 60% over 2020, sitting at $138 on Feb 11, 2021.
- Year‑to‑year gain: Marketwatch reported a whopping 120% jump compared to 2019.
In short, TSMC proved that when the tech world needs more chips, the company can deliver – and do it with style and a hefty boost to its bottom line.
TSMC To Spend $25 Billion to $28 Billion in 2021 on Advanced Chip Production
TSMC’s 2020 Sales: A Chip‑Fireblast
TSMC’s 2020 performance felt like a fireworks show—every quarter was headline‑worthy. In Q4 alone, sales hit NT$361.53 billion, up 1.43 % QoQ. Profits exploded by 23 % to NT$142.8 billion (about $5.1 billion), setting a new high score.
Looking ahead, the company’s ambition is crystal clear: a compound annual growth rate (CAGR) of 10‑15 % from 2020 through 2025.
Intel’s Chip Crunch and TSMC’s Sweet Spot
When the chip shortage hit Intel hard in 2020, its shares slumped 12 % YoY. That vacuum gave TSMC a golden chance to shine. Intel is now planning to tap TSMC for:
- 7 nm process coming in 2023.
- Future 3 nm collaboration scheduled for 2021.
- Tech News reports the 3 nm book‑up is already full till 2024.
- Intel aims to invest $25‑28 billion in advanced chip production during 2021.
TSMC’s Market Share & Revenue Mix
- Grew to a 50 % global share of contracted chip manufacturing.
- 48 % of sales derived from smartphone chips.
- 33 % from high‑computing chips.
- Automotive chips made up 3 %.
Impact on Taiwan’s Economy
Thanks to the semiconductor boom, Taiwan’s economy grew 2.98 % in 2020—a solid boost for the island.
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