← Latest news 
TSMC predicts AI driven chip market will top 1.5 trillion by 2030
Economy
Published on 14 May 2026
Capacity rush across the US Japan and Germany
TSMC has upgraded its long-term outlook for the global semiconductor industry, now forecasting the market will exceed $1.5 trillion by 2030. The company credits accelerating demand from artificial intelligence and high-performance computing, and says it expects rapid growth in advanced chip production while expanding manufacturing capacity in the US, Japan, and Germany.
- TSMC forecasts global chip market above $1.5 trillion by 2030
- AI and high performance computing are driving the growth outlook
- Advanced chip production is expected to scale quickly
- TSMC is expanding manufacturing capacity in US Japan and Germany
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times