Dec. 08, 2025 –
By William Li, Counterpoint Research
The global foundry industry is rapidly advancing into what many describe as the Foundry 2.0 era — a new phase defined by the deep integration of foundries, non-memory Integrated Device Manufacturers (IDMs), Outsourced Semiconductor Assembly and Test (OSAT) companies, and photomask suppliers across the semiconductor value chain. The momentum seen in Q3 2025 highlights this structural shift, underpinned by resilient demand for AI computing and sustained strength in flagship smartphone production.
TSMC opened the earnings season for Q3 2025 with a robust performance, based on the company’s foreign exchange assumption of $1=NT$29, TSMC’s third-quarter revenue reached around $33.1 billion, surpassing its prior guidance range of $31.8 to $33 billion. This achievement reflects strong traction at 3nm and sustained high utilization at 4/5nm, supported by ongoing orders from AI GPU and HPC customers as well as premium smartphone platforms.