Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) plan to produce 2nm chips in Taiwan is progressing steadily as the contract chipmaker prepares to begin commercializing 4nm chips at its Arizona fab.
The chipmaker has completed limited risk production of ~5,000 wafers leveraging its 2nm process at the Baoshan fab in Hsinchu Science Park, TechNode reports.
Taiwan Semiconductor has planned to roll out its 2nm production at the Baoshan and Kaohsiung fabs.
Don’t Miss:
During an earnings call, Taiwan Semiconductor Chair C.C. Wei said the company does not expect a shift toward chipset designs driven by high-performance computing (HPC) to affect its 2nm production.
Wei said that growing interest in 2nm has increased demand, surpassing 3nm.
Taiwan Semiconductor launched the N2P process technology to support smartphone and high-performance computing (HPC) applications. Mass production will begin in the second half of 2026, he added.
Shares in Taiwan closed higher on Friday, buoyed by gains in the electronics sector, particularly Taiwan Semiconductor, the most extensive stock by market weight.
The Taiex showed resilience despite mixed signals from U.S. markets, which saw slight declines in the Dow Jones Industrial Average and Nasdaq index on Thursday, Focus Taiwan reports.
See Also: Unlock the hidden potential of commercial real estate — This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!
Analysts credited Taiwan Semiconductor’s strong performance for lifting the Taiex, contributing 80 points to the index’s rise.
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA) also highlighted Taiwan’s significant technical expertise as the foundation of its semiconductor industry’s success in an X post on December 28, where he praised the island’s talent pool in response to a discussion about Taiwan Semiconductor, Focus Taiwan reports.
Responding to a post by Bojan Tunguz, a former data scientist at Nvidia Corp (NASDAQ:NVDA), Musk credited Taiwan’s untapped talent pool for Taiwan Semiconductor’s dominance.
Tunguz had criticized the U.S. tech industry’s historical anti-immigrant biases, arguing they led Morris Chang to establish Taiwan Semiconductor in Taiwan rather than the U.S.