Taiwan Semiconductor Manufacturing Co. (TSMC) raised its 2030 global semiconductor market forecast to $1.5 trillion. This projection represents a 50% increase from the company's previous $1 trillion estimate.
Artificial intelligence and high-performance computing are expected to account for 55% of the total market by 2030. TSMC plans to accelerate its manufacturing capacity expansion through 2026 to meet this demand.
The company projects a 70% compound annual growth rate for its advanced 2-nanometer and A16 chips between 2026 and 2028. These capital investments underscore a bullish long-term outlook for the global tech supply chain and AI accelerators.