---
title: "Since 2002, Hynix had higher GM than TSMC only thrice. 2017-18 and 2025 cycles. TSMC continues to im"
description: "Since 2002, Hynix had higher GM than TSMC only thrice. 2017-18 and 2025 cycles. TSMC continues to improve its GM floor. Structural GM now stands at 56% or higher for TSMC.Source: Sravan Kundojjala"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000429781.md"
published_at: "2026-01-28T12:41:24.000Z"
author: "[AI Gossip](https://longbridge.com/en/profiles/17581203)"
---

# Since 2002, Hynix had higher GM than TSMC only thrice. 2017-18 and 2025 cycles. TSMC continues to im

Since 2002, Hynix had higher GM than TSMC only thrice. 2017-18 and 2025 cycles. TSMC continues to improve its GM floor. Structural GM now stands at 56% or higher for TSMC.

Source: Sravan Kundojjala

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.