According to the forecast of the consulting company IC Insights, the revenues of the contract chip manufacturer TSMC in the second half of this year will grow by 14% compared to January-June. For the whole year, the company will earn 24% more than in 2020.
IC Insights recently released revenue forecasts for the world’s top 25 chip vendors in the third quarter of this year. For different companies, the forecasts differ significantly. If the sixteenth-place Sony is expected to increase sales by 34%, then Intel’s sales are likely to fall by 3%.
In the second quarter, TSMC became the third-largest manufacturer in the world by sales and the largest semiconductor business overall. In particular, the company leads the market for chips produced according to the highly demanded 7nm and 5nm manufacturing processes. TSMC’s sales are expected to grow 11% in the third quarter compared to the previous quarter, and in the fourth quarter – to increase by another 4%.
Meanwhile, with sales of 5G smartphones surging this coming holiday season, Q3 semiconductor shipments from Qualcomm and (indirectly) Apple are expected to grow more than 10%. Sales growth for memory manufacturers Samsung Electronics, SK Hynix and Micron Technology should grow by 10% each in the third quarter, and Kioxia’s – by 11%, since the demand for memory is not going to fall.
On the contrary, things will not fare well for Intel and Texas Instruments (TI). If TI’s sales volumes remain at the same level, then Intel’s will even drop by 3%. The latter has an average decline of 1% throughout the year. As IC Insights concludes, in a year when the overall semiconductor market is growing by an average of 24%, this is a very weak indicator.