TSMC expects revenue growth from new NVIDIA GPUs in Q4 2018

Posted on Thursday, Jul 19 2018 @ 13:10 CEST by Thomas De Maesschalck
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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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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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