Global Top 10 Foundries’ Total Revenue Reached a Record High of Over US$34bn in 3Q24 as Advanced Nodes Maintain Strong Growth and China Provides Policy Stimulus

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2024-12-02

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TrendForce reports that global top 10 foundries achieved record-high revenue of US$34.9 billion in 3Q24, a 9.1% QoQ growth, driven by strong advanced node demand and policy stimulus in China. TSMC's market share reached around 65%, fueled by 3nm mass production. While advanced nodes are expected to remain strong in Q4, mature node demand will likely weaken. However, policy stimulus and year-end stocking in China will partially offset the decline.

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Category: Semiconductors

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