Managing Director, Zero One, Zero One

Vincent Fernando, CFA

20 years experience researching capital markets across Asia and the USA.

Managing Director, Zero One

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Zero One

Founded in 2015, Zero One produces independent investment research and provides corporate finance advisory services with a focus on both listed and private technology companies. Founder Vincent Fernando has over 20 years of experience in US and Asia capital markets.

Independent Investment Research

Equity Bottom-Up

TSMC (Taiwan Semiconductor Manufacturing) / Equity Bottom-Up

TSMC (Taiwan Semiconductor Manufacturing) (TSM US)

TSMC (Taiwan Semiconductor Manufacturing)

<ul>
<li>Financing plans for Anthropic, SpaceX and OpenAI chip orders totaled more than US$150bn, as the FT put OpenAI's revenue run rate at about US$50bn.</li>
<li>Laminate and power chip prices rose, and Nanya told customers DRAM prices will rise up to 20% as Micron's Taiwan union won a strike vote.</li>
<li>Foxconn booked Taiwan's first NT$1tn revenue month and TSMC beat its 3Q guidance, while Samsung reportedly plans to cut 4Q phone output by up to 30%.</li>
</ul>


Financing plans for Anthropic, SpaceX and OpenAI chip orders totaled more than US$150bn, as the FT put OpenAI's revenue run rate at about US$50bn.
Laminate and power chip prices rose, and Nanya told customers DRAM prices will rise up to 20% as Micron's Taiwan union won a strike vote.
Foxconn booked Taiwan's first NT$1tn revenue month and TSMC beat its 3Q guidance, while Samsung reportedly plans to cut 4Q phone output by up to 30%.


The Blade Weekly: AI Chip Financings Pass US$150bn as OpenAI's Revenue Lands US$20bn Below Reports