TSMC divine assistance? Huawei’s 5G base station has enough chips in stock to last a year, source says

October 23 afternoon news, according to media reports cited by Sina Technology, Bay TSMC rush gift, Huawei has successfully prepared more than 1 year of 5G base Taiwan chip inventory.

Long before the U.S. ban went into effect, Huawei has a large purchase to chip suppliers, one of which TSMC is working day and night to produce chips for Huawei foundry. According to previous media reports, TSMC had also moved some capacity to assist Huawei’s production of 5-nanometer and 12-nanometer chips.

Thanks to Huawei’s big orders, TSMC also delivered beautiful results in the third quarter.On October 15, according to TSMC’s earnings data, the company’s third-quarter reported revenue reached $12.14 billion, or about 81.589 billion yuan, a new high again, net profit of $137.31 billion NTD, up 35.9% year-on-year, a year-over-year increase of 13.6%.

Rumors on the market that “TSMC to obtain Huawei supply license”, TSMC President and Vice Chairman Wei Zhejia in the same day TSMC earnings meeting replied that “we do not comment on unfounded rumors, nor do we want to comment on our current (license) status”, and said that the fourth quarter of this year will not ship to Huawei.