Daily chip industry dynamic summary (June 12)

1. Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology: will deepen investment and technical cooperation with multinational companies in the fields of automotive chips and basic software.

2. Apple's new M2 Ultra chip Geekbench 6 performance test results announced: CPU performance increased by 20%, GPU performance close to RTX4080.

3. It is said that Apple uses the N3 (N3B) node of TSMC’s 3nm process family to produce the A17 processor this year, but due to cost reasons, the A17 processor in 2024 will use the N3E process.

4. The launch of TSMC's largest packaging and testing plant, AP6, will help increase CoWoS production capacity.

5. TSMC's sales in May were NT$176.5 billion, a year-on-year decrease of 4.9% and a month-on-month increase of 19.4%.

6. The German Finance Minister refused to increase the amount of subsidies for Intel's German chip factory from 6.8 billion euros to 10 billion euros.

7. ON Semiconductor will replace Rivian as a constituent stock of the Nasdaq 100 Index, and the inclusion time will be June 20, 2023.

8. Wafer foundries World Advanced and PSMC recently announced their revenue data for May. Both manufacturers experienced a sharp decline of more than 40% year-on-year in May revenue, and the month-on-month decline also occurred.