TSMC is expecting record revenues and growth in Q4 2018 thanks to the demand for next-generation graphics processors from Nvidia. The foundry partner is currently busy manufacturing the GPUs for what is expected to be the GeForce GTX 11 series ‘Turing’ graphics cards, with a launch rumoured in the next 6 to 8 weeks.
TSMC's revenues are expected to increase at a moderate pace sequentially in the third quarter before reaching an all-time high in the fourth quarter,” said sources close to DigiTimes. “Shipments for Nvidia's new-generation GPUs will play another driver of TSMC's revenue growth in the fourth quarter.”
Gamers have been waiting well over two years for a new generation of graphics cards from Nvidia, ever since the GeForce GTX 10 series debuted in May 2016 with the GeForce GTX 1080. The GeForce GTX 1170 and GeForce GTX 1180 are looking likely to launch in August with full availability in September 2018.
The anticipation for a new crop of graphics cards is expected to drive the record revenue growth for TSMC heading into Q4 2018, offsetting the recent slump that has affected the worldwide GPU market, driven by a drop in demand from cryptocurrency miners.