HISTORICAL FACTS: Taiwan semiconductor manufacturing co ltd - Caught on Camera

NVIDIA Corp (NASDAQ:NVDA) looked to explore Intel Corp (NASDAQ:INTC) as a foundry for making its chips, Reuters reports citing CEO Jensen Huang.  “They’re interested in us using their foundries. We’re very interested in exploring it,” Huang said. However, foundry discussions take a long time as it’s about integrating supply chains and not like “buying milk.”…

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) saw orders for automotive electronics chips accelerating at a faster-than-expected pace, Digi Times reports. TSMC's advanced technology leadership will likely attract an influx of AI chip orders for autonomous driving from vendors including NVIDIA Corp (NASDAQ:NVDA), Qualcomm Inc (NASDAQ:QCOM), Intel Corp (NASDAQ:INTC), and Tesla Inc (NASDAQ:TSLA).  TSMC commanded a more than 90% share of the 7/5nm…

Growing efforts from the U.S. and Europe to consolidate their semiconductor supply chains to compete with China could backfire due to the political strings attached to the aid, Bloomberg reports.  The downside includes insufficient and ill-timed government aid and different parts of the world striving to secure supplies while championing domestic…

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) saw a radical climb in the revenue from its leading customer, DigiTimes reports. Revenue from TSMC's biggest client Apple Inc (NASDAQ:AAPL), will likely jump by 20% year-on-year to NT$405.4 billion ($14.3 billion) in 2021. Apple's revenue jump could form ~26% of the foundry's total wafer revenue for the…

Bloomberg reports that government investigation ascribed Taiwan's recent power outage to defective design and inferior communication ending speculations of possible cyberattack. A maintenance team at Hsinta had removed insulating gas from a circuit breaker at the plant on March 2 and warned operators not to route electricity through the equipment. However, a…

Taiwan Semiconductor Manufacturing Co Ltd's (NYSE:TSM) multiple plants in Taiwan experienced short "power dips" after large parts of the island were hit by power cuts, Reuters reports. The leading contract chipmaker was checking for "any actual impact." Bloomberg reports that a failure at the Hsinta coal-fired power plant in Kaohsiung led to a…

Chipmaker Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) expressed its commitment to Taiwan's new export control rules, Reuters reports. Taiwan's government said it would join international sanctions on Russia. "The company also has a rigorous export control system in place, including a robust assessment and review process to ensure export control restrictions are followed."…

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) has won significant orders demanding its sub-7nm process manufacturing from major U.S. vendors, DigiTimes Asia reports. TSMC's advanced chip plant debut in the U.S. got deferred by three to six months, mainly due to a labor crisis. TSMC also decided to expand its chip plant under construction in Japan with…

Taiwan Semiconductor Manufacturing Co Ltd's (NYSE:TSM) advanced chip plant debut in the U.S. is three to six months behind schedule, Nikkei Asia reports. TSMC planned to move in chip production equipment by around September 2022 but decided to postpone to around February or March 2023. The deferral was mainly due to labor…

DENSO Corporation will acquire a minority stake in Taiwan Semiconductor Manufacturing Co Ltd's (NYSE:TSM) Japan Advanced Semiconductor Manufacturing, Inc for $0.35 billion. The investment will increase DENSO's stake to over 10%. TSMC said that the chip plant it is building in Japan with Sony Semiconductor Solutions Corporation would expand, with an extra $1.6 billion…

Morgan Stanley upgraded two IT stocks today - Morgan Stanley analyst Keith Weiss upgraded Snowflake Inc (NYSE:SNOW) to Overweight from Equal Weight with a price target of $390, up from $344 (30.5% upside).  Weiss highlights that working to the Rule of 80 with Snowflake executing ahead of plan, the recent pullback creates an attractive opportunity and upgrades to…