← Latest news 
AI Set to Replace Smartphones as Semiconductor Growth Engine TSMC Sees Chip Output Soaring by 2030
Technology
Published on 14 May 2026
Smartphones won’t lead demand forever, TSMC warns
TSMC’s leadership says AI is set to overtake smartphones as the semiconductor industry’s biggest growth engine. Speaking at the 2026 Taiwan Technology Symposium, Kevin Zhang projected global chip output could hit $1.5 trillion by 2030, signaling a major shift in how demand is being shaped as AI workloads drive new chip priorities and investment cycles.
- TSMC projects AI will become the semiconductor growth leader
- Global chip output could reach $1.5 trillion by 2030
- Smartphones may no longer dominate demand growth
- AI-driven workloads are reshaping chip economics and investment
Read the full story at Republic
This summarization was done by Beige for a story published on 
Republic