C. Wei on gross margin
From Taiwan Semiconductor Manufacturing Co Ltd TSM CEO Dr C C Wei on Q4 2019 Results · · Daily Earnings Calls
“We continue to use 50% gross margin. We think it's still a very good target. Of all the six factors that will affect our profitability, one of them actually relates to the ramp of new nodes. So the ramp of every new node we will see margin dilutions. And indeed we are seeing margin dilution in the second half of this year from the N5 ramp. Is there going to be better than before? Yes, but only slightly.”
On , C. Wei, Chairman & Chief Executive Officer at TSMC (Taiwan semiconductor manufacturing), spoke about gross margin during Taiwan Semiconductor Manufacturing Co Ltd TSM CEO Dr C C Wei on Q4 2019 Results on Daily Earnings Calls.
About C. Wei
C.C. Wei, Chairman and CEO of TSMC, announced in March 2025 that the company would invest an additional $100 billion in the United States, bringing total planned investment in Arizona to $165 billion. The investment includes three new fabrication plants, two advanced packaging facilities, and an R&D center. Wei stated that the expansion is driven by customer demand from U.S. companies such as Apple, Nvidia, AMD, Qualcomm, and Broadcom, and that TSMC's first Arizona fab had entered high-volume production in the fourth quarter of 2024. He added that approximately 30% of TSMC's two-nanometer capacity is expected to be located in Arizona. During TSMC's Q1 2025 earnings call, Wei denied that the company was engaged in any discussions regarding a joint venture, technology licensing, or technology transfer with Intel or other companies. He also addressed potential U.S. tariffs on imported semiconductors, stating that while uncertainties exist, TSMC had not observed changes in customer behavior and continued to expect full-year 2025 revenue growth of close to mid-20% in U.S. dollar terms. Wei characterized tariff policy as a government responsibility and said TSMC, as a private company, was not getting involved.