TSMC, Sony Launch Multibillion-Dollar Sensor Venture Targeting 2029 Mass Production
Updated
Updated · Yahoo Finance · Aug 15
TSMC, Sony Launch Multibillion-Dollar Sensor Venture Targeting 2029 Mass Production
3 articles · Updated · Yahoo Finance · Aug 15
Summary
TSMC is setting up a multibillion-dollar joint venture with Sony to make next-generation image sensors, with mass production targeted for 2029.
The venture aims to supply high-performance camera sensors for iPhones and future physical-AI applications, extending TSMC's push beyond core AI chip manufacturing.
That expansion comes as TSMC's second-quarter revenue rose 36% year over year and net income and diluted EPS jumped 77.4%, underscoring still-strong chip demand.
Investor debate over valuation has intensified after TSMC shares climbed nearly 80% in the past year, lifting its market value above $2 trillion, though the report said its forward P/E is 25.