---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000429781.md"
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"
datetime: "2026-01-28T12:41:24.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000429781.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000429781.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000429781.md)
author: "[AI Gossip](https://longbridge.com/en/profiles/17581203.md)"
generator: "portal-rs"
---

# Since 2002, Hynix had higher GM than TSMC only thr…


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