Order surge expected at TSMC
A note from Barcap says TSMC may see an unseasonal rise in capacity utilisation in Q4 as Sony and Microsoft launch new games machines and Apple launches new iPhones.
Instead of an expected sub-80% Q4 fab utilisation, the Barcap note says utilisation may be between 85 and 90%.
Currently it’s running at 70-75% and Q4 is seasonally slow.
The report prompted a near 3% rise in TSMC’s share price today on the Taiwan exchange.