Bullish options flow was detected in TSM stock on October 7, 2020.
On September 25, 2020, DigiTimes’ Monica Chen and Jessie Shen report that TSMC is on track to enter 3nm chip production with monthly output set to reach 55,000 wafers in the second half of 2022. The 3nm process output will climb further to 100,000 units in 2023, according to the report. Source: https://www.digitimes.com/news/a20200925PD203.html
On September 24, 2020, TSMC is fast advancing its manufacturing processes, and it has already disclosed a plan to build a 2nm fab in Hsinchu, northern Taiwan, but if demand is strong, it may have to expand a central Taiwan fab to house more 2nm capacity, according to the foundry house’s chairman, DigiTimes reports. TSMC may expand its factory site in Taichung, central Taiwan for additional 2nm process capacity, according to company chairman Mark Liu. TSMC’s development of 2nm process technology, which is already out of its pathfinding mode, is ahead of schedule. Source: https://www.digitimes.com/news/a20200924VL200.html
On September 10, 2020, TSMC announced its net revenues for August 2020: On a consolidated basis, revenues for August 2020 were approximately NT$122.88B, an increase of 16% from July 2020 and an increase of 15.8% from August 2019. Revenues for January through August 2020 totaled NT$850.14B, an increase of 30.7% compared to the same period in 2019.