{"id":14269,"date":"2022-09-23T23:56:00","date_gmt":"2022-09-23T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=14269"},"modified":"2025-04-18T11:55:35","modified_gmt":"2025-04-18T03:55:35","slug":"gen-3-semiconductor","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/","title":{"rendered":"Gen 3 semiconductor"},"content":{"rendered":"\n<p>Gen 3 semiconductor are a very new field in terms of the entire &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/25\/the-lucrative-semiconductor-industry\/\" target=\"_blank\" rel=\"noreferrer noopener\">The lucrative semiconductor supply chain<\/a>&#8220;.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Introduction\" >Introduction<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#First_Second_and_Third_gen_semiconductor\" >First, Second, and Third gen semiconductor<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#A_breakthrough_in_semiconductor\" >A breakthrough in semiconductor<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Whats_the_advantages\" >What&#8217;s the advantages?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Application_areas\" >Application areas<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#The_market_size\" >The market size<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#TSMCs_view\" >TSMC&#8217;s view<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Research_institites_estimation\" >Research institites estimation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Impossible_to_replace_silicon-based_semiconductor\" >Impossible to replace silicon-based semiconductor<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Two_wafer_materials\" >Two wafer materials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Gallium_nitride\" >Gallium nitride<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Silicon_carbide\" >Silicon carbide<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Leading_vendors_latest_performance\" >Leading vendors&#8217; latest performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#ON_Semiconductor\" >ON Semiconductor<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#STMicroelectronics\" >STMicroelectronics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Wolfspeed\" >Wolfspeed<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/gen-3-semiconductor\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"First_Second_and_Third_gen_semiconductor\"><\/span>First, Second, and Third gen semiconductor<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The generation one semiconductor materials were mainly silicon and germanium. After the 1960s, silicon-based semiconductors gradually became the mainstream and are still the most widely used semiconductor materials. More than 95% of the world&#8217;s wafers are still based on silicon-based wafers. <\/p>\n\n\n\n<p>The gen 2 semiconductor material is mainly gallium arsenide (GaAs) and indium phosphide (InP). The representative is gallium arsenide, which can manufacture higher frequency and high-speed integrated circuits. However, the bandwidth of the material is still small.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.vertexholdings.com\/news\/third-generation-semiconductor\/\" target=\"_blank\" rel=\"noreferrer noopener\">third generation of semiconductor<\/a> materials is born in response to the times. Materials represented by silicon carbide (SiC) and gallium nitride (GaN) can prepare high-voltage and high-frequency power devices. Among them, silicon carbide has the best comprehensive performance and is commercialized. The third-generation semiconductor material with the highest degree and the most mature technology.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_breakthrough_in_semiconductor\"><\/span>A breakthrough in semiconductor<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Many people think that third-generation semiconductors, like advanced manufacturing processes, are accumulated from the technologies of first- and second-generation semiconductors, but this is not the case. These three generations of semiconductors are actually in a parallel state, developing their own technologies; there is no technical interdependence between them.<\/p>\n\n\n\n<p>That is, silicon carbide is not a gradual improvement of the original technology, but a leap upgrade. This is why mainland China has written the development of third-generation semiconductors into the country&#8217;s roadmap for future technological development in an environment where traditional silicon-based semiconductors are monopolized and deliberately obstructed by the West. The third gen semiconductor, the term that we commonly use now, are actually terms invented in China.<\/p>\n\n\n\n<p>In the face of the continuous suppression of the United States in the semiconductor field, the mainland China wants to use the third-generation semiconductor technology to surpass the United States. Bloomberg reported that the mainland not only decided to invest 10 trillion yuan in the research and development and production of third-generation semiconductor materials. It was written into the national plan of the &#8220;Tenth Five-Year Plan&#8221; of China for the first time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Whats_the_advantages\"><\/span>What&#8217;s the advantages?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The third-generation semiconductor materials are especially suitable for high-frequency, high-voltage, and high-temperature operating environments to exhibit excellent power conversion efficiency, which can save power and reduce energy consumption. The two main application areas are radio frequency and power conversion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Application_areas\"><\/span>Application areas<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The main application scenarios of third-generation semiconductors include: new energy vehicle power devices, solar inverters (PV inverter or solar inverter), 5G equipment RF devices, charging piles, traction inverters, etc. <\/p>\n\n\n\n<p>The proportion of the amount occupied by various application scenarios is taken as the average of 2020 and 2021, namely: new energy vehicles 49.93%, solar energy 10.92%, 5G base stations 27.68%, charging piles 4.44%, and inverters 7.03%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_market_size\"><\/span>The market size<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TSMCs_view\"><\/span>TSMC&#8217;s view<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>To use the words of Mark Liu, chairman of TSMC (ticker: TSM), compared with the existing semiconductor industry market dominated by silicon, the third-generation semiconductor is actually a very small market. At present, TSMC only provides foundry services such as 6-inch GaN on Si (gallium nitride on silicon), GaN on SiC (gallium nitride on silicon carbide) and other foundry services, but compared with traditional silicon wafer foundry, the amount is very small, it can be ignored directly, which is why Mark Liu has such a comment.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Research_institites_estimation\"><\/span>Research institites estimation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Yole data shows that silicon is still the mainstream of semiconductor materials, accounting for 95%. As the penetration rate of the third-generation semiconductor increases year by year, in 2023, the penetration rate of silicon carbide is expected to reach 3.75%, and the penetration rate of gallium nitride will reach 1.0%, and the combined penetration rate of the third-generation semiconductor can reach 4.75%.<\/p>\n\n\n\n<p>According to TrendForce&#8217;s estimates, from 2020 to 2025, the market of gallium nitride will grow from $48 million to $850 million, and silicon carbide will grow from $680 million to $3.39 billion, with a compound annual growth rate. The rates were 78% and 38%, respectively. According to the forecast of Yole Developpement, a French market research institute, the market size of silicon carbide power chips in 2026 will be 6 times higher than that in 2020, reaching US$4.48 billion.<\/p>\n\n\n\n<p>If compared with the overall semiconductor market, in 2020, the output value of gallium nitride plus silicon carbide will only account for three thousandths of all semiconductors, or about 0.3%; by 2025, it will grow to six thousandths , and only 0.6%. Compared with the current first- and second-generation semiconductor markets, it can be said that it is only a very small market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impossible_to_replace_silicon-based_semiconductor\"><\/span>Impossible to replace silicon-based semiconductor<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>No matter which market research company estimates, there is only one conclusion. Even if third-generation semiconductors have unparalleled and proven uses and benefits in power conversion, please don&#8217;t deify third-generation semiconductors. The third generation of semiconductors and the first and second generations are not substitutes, but complementary. The era of silicon will not end, but after the third-generation semiconductor gradually increases the penetration rate, it will definitely squeeze the penetration rate of silicon.<\/p>\n\n\n\n<p>At least for the foreseeable five years, it is still a very small market in the semiconductor market, and it is certain that it is impossible to replace the existing silicon-based semiconductor world in the foreseeable future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Two_wafer_materials\"><\/span>Two wafer materials<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.vertexholdings.com\/news\/third-generation-semiconductor\/\" target=\"_blank\" rel=\"noreferrer noopener\">gen 3 semiconductor<\/a> materials are silicon carbide (SiC) and gallium nitride (GaN).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gallium_nitride\"><\/span>Gallium nitride<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Please see the in-depth discussion in the article &#8220;Gen 3 Semiconductor Gallium Nitride&#8221; that I will post here in a while.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Silicon_carbide\"><\/span>Silicon carbide<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Compared with gallium nitride, silicon carbide is mainly used in large-scale applications such as electric vehicles and wireless communications. This part deserves an in-depth discussion, which I will explore in two future articles. See &#8220;The hot silicon carbide&#8221; and &#8220;Wolfspeed, the upstart of the third-generation semiconductor silicon carbide&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Leading_vendors_latest_performance\"><\/span>Leading vendors&#8217; latest performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Philadelphia Semiconductor Index (SOX) has fallen by 26.53% in the past six months (as of September 21). But at this time, the third-generation semiconductor materials represented by silicon carbide and gallium nitride are ushering in market doubling and capacity expansion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ON_Semiconductor\"><\/span>ON Semiconductor<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>After the release of the second quarter financial report of ON Semiconductor (ticker: ON), it raised its 2022 silicon carbide revenue forecast to a &#8220;three times year-on-year growth&#8221;, while the previous target was only a 1-fold increase; it is expected that by 2023, the silicon carbide business will increase Revenue will exceed $1 billion. 3x is just the beginning, not even 10x: ON Semiconductor also plans to expand the company&#8217;s SiC front-end process capacity to more than 10x its current capacity by 2025.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"STMicroelectronics\"><\/span>STMicroelectronics<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>STMicroelectronics (ticker: STM) second-quarter financial report also expects that ST\u2019s silicon carbide business will receive $700 million in revenue in 2022 and $1 billion in 2023. STMicroelectronics is also a major supplier of Tesla&#8217;s silicon carbide power modules. Mainly benefiting from the demand for silicon carbide in the automotive, industrial and other fields, STMicroelectronics is also planning to expand production.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Wolfspeed\"><\/span>Wolfspeed<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Wolfspeed (ticker: WOLF) also announced in the first half of this year that it will build a new silicon carbide plant in Chatham County, North Carolina, which will become the world&#8217;s largest silicon carbide material plant when completed in 2030. Its silicon carbide wafer manufacturing capacity It has increased by about 13 times, and currently the silicon carbide produced by Wolfspeed has accounted for more than 60% of the global silicon carbide. The total investment in the new factory will reach $5 billion, for which Wolfspeed will also apply for federal grants related to the &#8220;Chip Act&#8221;.<\/p>\n\n\n\n<p>For this company deep dive, please refer to my post &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/12\/04\/he-upstar-wolfspeed\/\">Wolfspeed, the upstar of gen 3 semiconductor<\/a>&#8220;.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"155\" height=\"148\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2022\/09\/e3s-conferences-1600x1200-1.jpg\" alt=\"Gen 3 semiconductor\" class=\"wp-image-14271\"\/><figcaption class=\"wp-element-caption\">credit: e3s-conferences.org<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/09\/06\/what-are-silicon-photonics\/\" target=\"_blank\" rel=\"noreferrer noopener\">What are silicon photonics? Why it&#8217;s important? and current progress<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/25\/the-lucrative-semiconductor-industry\/\" target=\"_blank\" rel=\"noreferrer noopener\">The lucrative semiconductor supply chain<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/04\/17\/how-on-make-money\/\">How does ON Semiconductor make money? Experts in power and analog signal processing and sensor<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/3rd-gen-semiconductor\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gen 3 semiconductor<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/06\/the-hot-silicon-carbide-sic\/\">The hot gen 3 silicon carbide&nbsp;(SiC)<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/12\/04\/he-upstar-wolfspeed\/\">Wolfspeed, the upstar of gen 3 semiconductor<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/11\/30\/tsmc-negative-corp-culture\/\" target=\"_blank\" rel=\"noreferrer noopener\">TSMC negative toxic corp culture and management style are detrimental to its future and growth<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/10\/four-chip-companies\/#google_vignette\" target=\"_blank\" rel=\"noreferrer noopener\">Four chip companies account for one-third of S&amp;P 500 gains so far this year<\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/06\/artificial-intelligence-listed-companies\/\" target=\"_blank\" rel=\"noreferrer noopener\">Top five lucrative artificial lucrative intelligence listed companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/09\/tsmc-valuation\/\">Why is TSMC valuation much lower than US peers?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/01\/tsmc-dcf-value\/\">What&#8217;s TSMC DCF intrinsic value?How to calculate it quickly with a free tool?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/10\/01\/how-many-fab-does-tsmc-have\/\" target=\"_blank\" rel=\"noreferrer noopener\">How many fabs and houses does TSMC have currently and in the future?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/05\/13\/yield-rate-comparison\/\" target=\"_blank\" rel=\"noreferrer noopener\">Yield rate comparison of SMIC, Rapidus, TSMC, Samsung, Intel&#8217;s advanced process<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/04\/29\/cost-of-chip-foundry\/\">The TSMC cost, sell price, and R&amp;D cost of chip foundry<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/01\/15\/asml-who-really-caught-tsmcs-neck\/\" target=\"_blank\" rel=\"noreferrer noopener\">ASML, who dominate TSMC\u2019s fate<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/12\/28\/tsmc-process-roadmap\/\" target=\"_blank\" rel=\"noreferrer noopener\">Comparison of SMIC, Rapidus, TSMC, Intel, and Samsung\u2019s new process roadmaps for future chips<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/30\/two-long-term-threats-to-tsmc\/\" target=\"_blank\" rel=\"noreferrer noopener\">Two long-term threats to TSMC: US and SMIC<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/06\/30\/tsmcs-profit-margin\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why is TSMC\u2019s profit margin much greater than competitors?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/08\/13\/how-does-tsmc-make-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does TSMC make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/02\/zyvex\/\" target=\"_blank\" rel=\"noreferrer noopener\">Zyvex and sub-nanometer semiconductor processes, will Zyvex threat TSMC?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/28\/tsmc-serious-crises\/\">TSMC gets emerging&nbsp;and serious challenges<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/24\/nvidia-changes-gaming-rules\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does nVidia make money, Nvidia is changing the gaming rules<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/12\/11\/nvidias-monopoly\/\" target=\"_blank\" rel=\"noreferrer noopener\">The reasons for Nvidia\u2019s monopoly and the challenges it faces<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/01\/29\/arm-acquired-by-nvidia\/\">Why nVidia failed to acquire ARM?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/07\/02\/revisiting-nvidia\/\">Revisiting Nvidia: The Absolute Leader in Artificial Intelligence, Data Center, and Graphics<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/10\/30\/how-does-intel-make-money-and-the-benefits-to-invest-in-it\/\">How does Intel make money? and the benefits to invest in it<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/11\/05\/intels-current-difficult-dilemma\/\">Intel&#8217;s current difficult dilemma<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/22\/texas-instruments-bio\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does Texas Instruments make money? Amazing long term capital reward and company net profit margin!<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/22\/amd-make-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How AMD makes money? A rare case of turning defeat into victory<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/02\/05\/amd-jaw-dropping\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why is AMD\u2019s performance so jaw-dropping?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/05\/01\/qualcomm-diversifies\/\" target=\"_blank\" rel=\"noreferrer noopener\">Qualcomm diversifies success, no nonger highly dependend on phone<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/01\/29\/how-arm-make-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does the ubiquitous Arm make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/23\/significant-changes-in-broadcoms-business-approach\/\" target=\"_blank\" rel=\"noreferrer noopener\">Significant changes in Broadcom\u2019s business approach<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/04\/data-center-a-rapidly-growing-semiconductor-field\/\">Data center, a rapidly growing semiconductor field<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/18\/applied-materials\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does Applied Materials, lord of semiconductor equipment, make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/08\/12\/lam-research-chip-equipment\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does Lam Research, top chip equipment player, make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/25\/the-lucrative-semiconductor-industry\/\" target=\"_blank\" rel=\"noreferrer noopener\">The lucrative semiconductor supply chain<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/01\/25\/global-semiconductor-chip-market-in-detail\/\" target=\"_blank\" rel=\"noreferrer noopener\">Global semiconductor chip market in detail, big dominators and markets<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/05\/07\/semiconductor-investment\/\" target=\"_blank\" rel=\"noreferrer noopener\">6 common wrong semiconductor investment myths<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/23\/3rd-gen-semiconductor\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gen 3 semiconductor<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/06\/14\/eda-synopsys-cadence-mentor\/\">Three EDA oligopoly vendors: Synopsys, Cadence, and Mentor Graphics<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/01\/22\/how-cadence-make-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does, the EDA oligopoly, Cadence make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/12\/22\/how-synopsis-make-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does Synopsis, the EDA oligopoly, make money?<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Gen 3 semiconductor are a very new field in terms of the entire &#8220;The lucrative semiconductor supply chain&#8221;.<\/p>\n","protected":false},"author":1,"featured_media":14271,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[110,114],"tags":[337],"class_list":["post-14269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-semiconductor","category-new-technology","tag-tsmc"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/14269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=14269"}],"version-history":[{"count":42,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/14269\/revisions"}],"predecessor-version":[{"id":35844,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/14269\/revisions\/35844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/14271"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=14269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=14269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=14269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}