TSMC Sees $1.5tn Semiconductor Market by 2030 as AI Boom Triggers Historic Capacity Expansion

TSMC now sees the global semiconductor market topping $1.5 trillion by 2030, up from its earlier $1 trillion forecast.

The company says AI and high-performance computing will drive most of the growth, overtaking traditional segments like smartphones and automotive.

To meet surging AI chip demand, TSMC will accelerate expansion of fabs and advanced packaging, including 2nm, A16, and CoWoS capacity.

The updated outlook highlights how AI is reshaping chip demand and pushing record investment across the semiconductor supply chain.