Lates News

Morgan Stanley research report states that strong AI capital expenditure from Meta and Microsoft is expected to alleviate concerns about demand for TSMC chips. Meta is increasing its full-year capital expenditure to $64-72 billion, while Microsoft indicates continued strong AI demand. Morgan Stanley forecasts that by 2025, cloud semiconductor business will contribute 25% of TSMC's revenue, up from 13% in 2024. These analysts suggest that including network chips and CPUs for AI servers, the contribution from AI to TSMC revenue should exceed 30% from 2025 onward.