Foreign securities broker Morgan Stanley (Morgan Stanley) out in late November to see the first shot in the semiconductor industry, that the TSMC faces slowdown in demand for HPC and other concerns, down 2018, 2019 operating expectations, rating from "better than the broader market" down To "neutral". The target price was lowered from $ 250 to $ 239, shocking the market and causing the global technology stocks to fluctuate.
Zhang Zhongmou yesterday attended the Chamber of Commerce and Industry held after the Business Breakfast, the face of the media asked the Morgan Stanley report, the first response to this issue, and refute the contents of the report.
HPC is the key core technology for the development of artificial intelligence (AI), virtual reality / augmentation (VR / AR) reality and even advanced science and technology such as Bitcoin mining.
Zhang Zhongmou emphasized that HPC demand is a problem in Libreville field, some applications do not need it, and some applications have. Now, artificial intelligence requires very high speed computing power. Currently there is no limit to the development of AI, so HPC development can be expected, Will be very extensive.
Zhang Zhongmou stressed that HPC demand has not slowed down. "We (TSMC) supply is too late." As for the semiconductor business climate, he also reiterated that TSMC is still good in the first quarter of next year. It would have been a relatively low situation, but it looks okay so far.
For two years, TSMC has proposed four major technology platforms for mobile devices, HPC, Internet of Things and smart cars for the new application of science and technology in the future. At present, the four major technology platforms are complete and all customers are ready to seize business opportunities.
TSMC CEO John Deere has more publicity at the TSMC Annual Supply Chain Management Forum recently that internal optimistic about the two major scientific and technological innovations in the fifth generation of mobile communications (5G), will once again change the future life of mankind and push TSMC below 7 nanometers Strong growth of advanced manufacturing process, TSMC once again entered an exciting era.
TSMC shares from the Morgan Stanley bearish, all the way from the high point of 244 yuan callback correction nearly 10% Yesterday morning after the red out immediately after the black, as Zhang Zhongmo release positive message, the last one nearly 4,000 large single knock However, the foreign capitals continued to adjust 5,643 contracts, selling for 12 consecutive trading days and the foreign shareholding ratio dropped to 78.99% of the band low. ADR Morning Market Small drop of about 0.3%.