Taiwan Semiconductor's strong Q3 sales a positive sign for Q4, Wedbush says (TSM:NYSE)

Taiwan Semiconductor (TSM) reported Q3 revenue of NT$1.49T ($46.71B), up 50% YoY, beating estimates. Wedbush notes strong sales and expects gross margins to meet or exceed guidance. The firm maintains an Outperform rating and NT$3,000 price target, citing TSMC's dominance in AI-driven semiconductor demand.

GlobalFoundries (GF) and TSMC have agreed on a five-year deal for GF to produce silicon interposers in Malta, New York, for TSMC's CoWoS advanced packaging, supporting AI chips. Production is set to begin in early 2028, with potential scaling for future demand. According to GF, this partnership strengthens the US semiconductor supply chain and supports AI innovation.

GlobalFoundries (GF) and TSMC agreed on a $2bn deal for GF to supply silicon interposers from its New York facility. The multi-year agreement supports advanced packaging for AI and high-performance computing. GF plans to expand its fabrication capacity to meet growing demand. The deal's initial term is five years, with provisions for capacity expansion. Volume production is expected to begin in early 2028.

GlobalFoundries and TSMC agreed on a $2B deal to produce silicon interposers in the US, addressing a domestic semiconductor supply chain gap. The interposers will be used in TSMC's CoWoS packaging for customers like Nvidia. Production is set to begin in 2028, with Intel Foundry offering an alternative for earlier US-based packaging needs.

TSMC has agreed to a $2 billion deal with GlobalFoundries to supply silicon interposers. The agreement highlights collaboration between the two semiconductor manufacturers. TSMC's stock closed at 2,550 TWD, down 1.35% for the day but up 64.52% year-to-date.

GlobalFoundries (GF) announced a $2 billion deal with TSMC to manufacture silicon interposers in New York, addressing a US packaging gap. The multi-year agreement supports TSMC's CoWoS ecosystem, with production at GF's Malta fab.