According to Bloomberg, Intel, which has dominated chip manufacturing for more than 30 years, will face challenges from TSMC and may even be replaced.
Established in 1987, TSMC is mainly engaged in providing wafer OEM solutions for companies with inadequate financial resources to build self-use chip factories. This idea was once downplayed by Jerry Sanders, founder of AMD, but now, TSMC's strength has made it look at ultra-micro differently. It also commissioned TSMC to produce OEM first. Incoming processor.
Except superfine, including Apple and Qualcomm, they are all customers of TSMC.
The top technology of TSMC has enabled it to produce chips with small volume, high efficiency and high efficiency. Renee James, former Intel president and CEO of Ampere, a start-up, said that TSMC could benefit from its rival's mistakes by taking the lead.“This is the first case in 50 years.”。
Intel accounts for 90% of the market in computer processors, but some Wall Street analysts believe that TSMC has the opportunity to replace Intel as the best chip maker in the field.
In 2017, the market value of TSMC surpassed Intel for the first time.
Goldman Sachs, the investment bank, pointed out that Intel took the lead in adopting 14-nanometer technology in 2013, but it may not be able to launch a 10-nanometer process before the end of 2019. In contrast, TSMC has advanced from 20-nanometer process to 7-nanometer process in the same period.
Intel's 10-nanometer manufacturing process is hampered by yield problems and can only wait; its rival Ultra Micro sells its own chip factory and delegates complex production operations to TSMC.
Supermicro CEO Su Zifeng said,“This is one of the best decisions we have ever made. It enables us to manage risks, concentrate on making our products better.”
Ten years ago, smartphones began to be popular, but Intel's involvement in the mobile chip market is relatively shallow, and will still focus on personal computers and server chips.
But in the case of smartphones, handset manufacturers either use Qualcomm's processors or design their own chips with the technology of ARM. As a result, TSMC has been awarded an order for chip OEM.
As far as sales are concerned, the business scale of smartphones is as large as six times that of personal computers, which once belonged to Intel's advantage and has been acquired by TSMC.
Sanford C. Bernstein Semiconductor Analyst Mark Li said that Intel's position and pricing power in the field of personal computers and server chips would be at great risk for ignoring smartphone trends and the challenges of TSMC.
Although Intel's capital expenditure on plant and equipment is higher than that of TSMC, the situation will change if we add up the R&D budgets of TSMC customers such as Qualcomm, Apple, Huida and Huawei.
According to Goldman Sachs estimates, the total budget of TSMC customers is not only higher than Intel, but also the gap is widening. It is expected that in 2020, the budget expenditure of TSMC customers will be close to $20 billion, at least $4 billion higher than Intel.