Taiwan Semiconductor Set to Command 67% Foundry Market Share By 2025: IDC

Quick Summary:

International Data Corp told the Taipei Times it expects Taiwan Semiconductor Manufacturing Co (NYSE:TSM) to grow its revenue by ~25% in 2025, backed by artificial intelligence (AI) applications and crypto mining technologies.

IDC expects the global semiconductor industry to grow by 15% and the international foundry market to rise by 20% in 2025.

IDC’s projections imply that the contract chipmaker will command a 67% share of the global foundry market in 2025, up 300 bps year over year.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesTaiwan

Topics: US67066G1040 NVDA Tech Benzinga US8740391003 US0378331005 TSM Top Stories Briefs Stories That Matter Emerging Markets AAPL Movers News Media

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 11:52:09 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 323 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24398062

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