TSMC Sees Chip Market Reaching 1.5 Trillion Dollars by 2030
TSMC expects the global chip market to hit 1.5 trillion dollars by 2030 as AI drives growth. The firm is expanding capacity for 2-nanometer chips and packaging.
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Taiwan Semiconductor Manufacturing Company expects the global semiconductor market to reach $1.5 trillion by 2030, driven by artificial intelligence demand. The forecast raises the chipmaker's previous $1 trillion estimate as AI and high-performance computing are projected to represent 55% of the 2030 market. The company is expanding capacity aggressively to meet accelerating demand for advanced chips.
