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TSMC Forecasts Surge in AI Revenue, with a Catch

TSMC, the leading foundry market leader, predicts a gradual recovery this year. The company expects AI accelerator revenue to grow at a 50% annual rate over the next five years. TSMC is working to boost its 3nm capacity for AI chips and anticipates a smoother process for its upcoming 2nm node. Volume production on the 2nm node is set to begin in 2025.

by John Darbie
Wed, Apr 24, 2024 2:43am
in Technology
• 3 mins read
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TSMC Forecasts Surge in AI Revenue, with a Catch | FinOracle

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TSMC Adjusts Outlook Amid Industry Fluctuations

In a significant announcement that shook the semiconductor industry, Taiwan Semiconductor Manufacturing Company (TSMC), a titan in the world of chip manufacturing, has recalibrated its forecasts for the year, citing a cocktail of macroeconomic and geopolitical uncertainties. The move by TSMC, a bellwether for the semiconductor sector, underscores the fragility of global supply chains and the volatile demand landscape that key industry players are navigating.

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