On May 14, according to market news, TSMC stated in presentation materials released ahead of a technical seminar on Thursday that it expects the global semiconductor market to exceed $1.5 trillion by 2030, up from a previous forecast of $1 trillion. TSMC anticipates 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 also mentioned that the company is accelerating its capacity expansion plans for 2025 and 2026, with plans to build nine new fabs and advanced packaging facilities by 2026. (Dongxin News Agency)
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TSMC Projects Global Chip Market to Reach $1.5 Trillion by 2030
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