TSMC(US:TSM) 美股IPO·2025-09-01 14:29Core Viewpoint - TSMC has significantly increased its market share to 70.2% in Q2 2025, driven by strong revenue growth and advanced process technology, while Samsung's market share has declined to 7.3% [2][3][5]. Group 1: Market Share and Revenue Growth - TSMC's market share reached 70.2%, up from 67.6% in the previous quarter, marking a significant increase [2][3]. - The overall wafer foundry industry revenue grew by 14.6% quarter-on-quarter, with TSMC's revenue growth at 18.5%, reaching $30.239 billion [3][5]. - Samsung's market share decreased from 7.7% to 7.3%, with revenue of $3.159 billion and a growth rate of 9.2% [5]. Group 2: Future Projections and Investments - Analysts expect TSMC's market share to rise to 75% by 2026, supported by increasing demand for 2nm processes [3][7]. - TSMC plans to invest up to $49 billion in the construction of a 1.4nm chip factory in Taiwan, aiming to maintain its technological leadership [7]. - TSMC is set to begin mass production of 2nm technology in Q4 2025, with initial capacity already secured by Apple and future orders from Qualcomm, MediaTek, and Broadcom [7]. Group 3: Competitive Landscape - Despite TSMC's clear advantages, Samsung is actively pursuing advancements in 2nm GAA technology, aiming to launch the Exynos 2600 chip [8]. - However, Samsung's current production capacity and customer base are insufficient to compete with TSMC's established position in the market [8]. - TSMC's stable customer foundation and advanced process nodes ensure its continued dominance in the global wafer foundry market [8].