TSMC announced that the price increase for its 5nm, 4nm, and 3nm process foundry services exceeded expectations, indicating strong demand in the global semiconductor industry chain. The global semiconductor market is expected to see revenue growth of 16.8% in 2024 and 15.5% in 2025. Analysis suggests that the release of new consumer electronics products and the iteration of large AI models are driving market growth, recommending attention to related industry chain companies such as SMIC and Hua Hong Semiconductor
The latest news indicates that in 2025, Taiwan Semiconductor's foundry prices for the 5nm, 4nm, and 3nm processes have increased by about 4% higher than previously estimated.
Among them, the business orders for HPC, including AI, have increased by approximately 8% to 10%.
Analysts point out that as the world's largest chip foundry, Taiwan Semiconductor's "better-than-expected" price increase may indicate that the demand for the global semiconductor industry chain is still very strong.
Renowned research firm Gartner predicts that the global semiconductor market revenue will grow by 16.8% in 2024, reaching $624 billion; in 2025, the global semiconductor market revenue is expected to grow by 15.5%, reaching $721 billion.
According to data from the Semiconductor Industry Association of the United States, global semiconductor sales in August 2024 reached $53.12 billion, a year-on-year increase of 20.6% and a month-on-month increase of 3.5%, setting a new historical high for monthly semiconductor sales globally. According to WSTS's forecast, the global semiconductor market sales are expected to increase by 16% year-on-year in 2024, and are projected to increase by 12.5% year-on-year in 2025. Domestic semiconductor sales in August 2024 reached $15.48 billion, a year-on-year increase of 19.2% and a month-on-month increase of 1.7%.
Zhongyuan Securities pointed out that the global monthly semiconductor sales have reached a new historical high and continue to grow year-on-year; companies such as Apple, Huawei, Meta, etc., have successively released new consumer electronics products, entering a period of intensive releases of new consumer electronics products; OpenAI has released the new o1 series of large models, and AI large models continue to iterate; overseas countries are increasing export controls on semiconductors, and domestic semiconductor substitution is accelerating; it is recommended to focus on chip design, advanced manufacturing, advanced packaging, semiconductor equipment and components, AI computing power industry chain, AI terminal industry chain, and other directions.
Companies related to the chip semiconductor and related industry chain:
SMIC (00981), Huahong Semiconductor (01347), Naura Technology Group (03898), ASM Pacific Technology (00522), Shanghai Fudan Microelectronics Group (01385), etc