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Report

Foundry Industry H2 2024 Reading: Strong Leading Edge Node Demand for TSMC and Faster Recovery for Chinese Foundries

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October 30, 2024

Overview:

The foundry industry is entering H2 2024 with strong momentum, driven by robust AI-related demand and a faster-than-expected recovery in China. Leading-edge nodes from key players like TSMC continue to gain traction, while Chinese foundries are seeing higher utilization rates due to early inventory corrections and rising domestic demand. Despite challenges in mature nodes and some delays in key product shipments, the overall market outlook remains positive. Our latest report delves into these dynamics, covering market growth trends, utilization recovery, key capacity expansions, and evolving customer demands.

Table of Contents:

l   Foundry Market Overview

l   Industry Utilization Rate Dynamics

l   Continuing Faster Utilization Recovery for China Foundries

l   Overall Semi Inventory Days Decline in Q2 2024

l   NVIDIA Blackwell Delay – Mild Impact to TSMC

l   Upward Revision in CoWoS Capacity Expansion: TSMC's Strategic Acquisition of Innolux's Plant

Published Date: Oct 2024

Category

Industry

Semiconductors

Service

Individual reports

Report Type

Report

Time Period

Half yearly

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Author

Adam Chang

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Adam Chang is a Research Analyst at Counterpoint in Taiwan, specializing in foundry and semiconductor research. Previously, he was a Trader/Analyst at Infini Capital Management in Hong Kong, a multi-strategy hedge fund, where he focused on global technology, with an emphasis on fundamental equity long/short and event-driven investments. His expertise in the semiconductor and technology hardware sectors, combined with his financial analysis skills, enables him to deliver valuable industry insights.