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Benzinga
Benzinga
Business
Anusuya Lahiri

Taiwan Semi's Growth Fuels US Rise To Second In Chipmaking: Report

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is making waves in the semiconductor industry with a $65 billion investment in Arizona, bolstering the U.S.’s advanced chipmaking capabilities. The U.S. will likely secure the second-largest global market share in advanced semiconductor production by 2027, increasing its share from 9% to 21%, the Taipei Times cites from a TrendForce Corp report.

Taiwan Semiconductor is developing cutting-edge 3nm, 2nm, and even 1.4nm processes, with mass production of 3nm chips already underway in Tainan, Taiwan.

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