Taiwan Semiconductor Manufacturing Co (TSMC) has increased its forecast for the global semiconductor market to $1.5 trillion by 2030, up 50% from its previous $1 trillion estimate. This surge is driven mainly by rising demand for artificial intelligence (AI) and high-performance computing, which are expected to make up 55% of the market. TSMC is rapidly expanding its production capacity, including multiple new fabrication plants in Arizona, Japan, and Germany, to meet this demand. The company plans significant growth in advanced chip technologies and packaging capabilities over the next several years.
NVIDIA stock reached a new all-time high, rising 28% year to date, driven by strong AI demand signals, including Foxconn's record revenue month attributed to AI product growth. Taiwan Semiconductor and Broadcom shares also rose, supporting the bullis...
Taiwan Semiconductor Manufacturing's stock rose 2% to a record high after Elon Musk confirmed early-stage talks with Terafab, a new chip manufacturing venture planned for Texas. While no deal is finalized, the potential partnership could expand Taiwa...
Elon Musk confirmed talks with Taiwan Semiconductor Manufacturing Co (TSMC) about building a dedicated chip factory for Tesla, SpaceX, and xAI under the Terafab initiative. The factory would supply custom chips for AI, vehicles, and spacecraft, aimin...
TSMC will report earnings on October 15, 2026, with its CEO's commentary on AI chip demand, capacity, and advanced packaging for 2027 being crucial. Broadcom, which relies heavily on TSMC for wafer supply, expects its AI semiconductor revenue to doub...
Intel shares fell 4% after Elon Musk confirmed discussions with Taiwan Semiconductor Manufacturing (TSMC) about joining Terafab, a Texas chip venture where Intel is currently the sole manufacturing partner. This potential partnership could reduce Int...
