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TSMC expects revenue growth from new NVIDIA GPUs in Q4 2018

Posted on Thursday, July 19 2018 @ 13:10:02 CEST by

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DigiTimes has a little update about TSMC's revenue forecast for the remainder of the year. The foundry expects sequential revenue increases in the third and fourth quarter, mainly due to a boost of smartphone SoC orders.

Interestingly, the article also contains a snippet about NVIDIA. DigiTimes heard from its sources that NVIDIA's next-gen GPUs are expected to be another driver of TSMC's revenue growth in the final quarter of this year. In the previous month, revenue was down 13 percent, for a large part due to lower orders from mining ASIC makers and NVIDIA.
In addition, shipments for Nvidia's new-generation GPUs will play another driver of TSMC's revenue growth in the fourth quarter, the sources identified.

TSMC saw its June revenues decline 13% sequentially, dragging down its overall revenues for the second quarter by nearly 6% on quarter to arrive at NT$233.28 billion (US$7.63 billion). Market watchers attributed the revenue drops to a slowdown in orders for mining ASICs from Bitmain and graphics card processors from Nvidia.



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