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TSMC expects the global chip market size to reach $1.5 trillion by 2030.
Golden Finance reports that on May 14th, according to market sources, TSMC stated in a presentation released before their Thursday technical seminar that by 2030, the global semiconductor market size is expected to exceed $1.5 trillion, up from the previous forecast of $1 trillion. TSMC predicts that artificial intelligence and high-performance computing will account for 55% of the $1.5 trillion market, followed by smartphones (20%) and automotive applications (10%). TSMC said the company is accelerating its capacity expansion plans for 2025 and 2026, and plans to build nine new wafer factories and advanced packaging facilities by 2026. (Dongxin News)