TikTok-owner ByteDance is talking with U.S. tech firm Broadcom about a possible TSMC-made AI processor [Fortune]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Fortune
The U.S. chip designer and Beijing-based ByteDance have talked about a 5-nanometer purpose-built chip, according to a person familiar with the discussions. No deal has yet been reached between the two companies, and Broadcom already supplies an older-generation 7nm AI processor for use in ByteDance's data centers, the person said, asking not to be named as the information is private. The proposed chip would comply with U.S. trade restrictions on China, Reuters said in an earlier report citing anonymous sources. The two companies' existing business relationship largely revolves around server and networking gear , and Broadcom has cited ByteDance as a customer in its press releases In March, Broadcom told investors that it added a new customer for its consumer AI accelerator business and it will be shipping products to that company in the next few months, without providing a name. Should the pair reach a deal, the customized chip would be made by Taiwan Semiconductor Manufacturin
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TSM
Earnings
- 4/19/24 - Beat
TSM
Sec Filings
- 6/25/24 - Form 6-K
- 6/7/24 - Form 6-K
- 6/6/24 - Form 6-K
- TSM's page on the SEC website