Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Taiwan Semiconductor Manufacturing Company (New York Stock Exchange:TSM) planning to Production of 2nm chips In Taiwan, progress is rising steadily as the contract chip maker prepares to begin marketing 4nm chips at its factory in Arizona.
The chipmaker has completed low-risk production of approximately 5,000 chips leveraging the 2nm process at its Baoshan factory in Hsinchu Science Park, TechNode reports.
Taiwan Semiconductor Corporation planned to roll out its 2nm production at its Baoshan and Kaohsiung plants.
Don’t miss:
During the earnings call, Taiwan Semiconductor President CC Wei said the company does not expect the shift toward high-performance computing (HPC)-driven chip designs to impact its 2nm production.
Growing interest in 2nm technology has led to increased demand, surpassing 3nm, Wei said.
Taiwan Semiconductor Corporation has launched N2P processing technology to support smartphone applications and high-performance computing (HPC). He added that mass production will begin in the second half of 2026.
Stocks in Taiwan closed higher on Friday, boosted by gains in the electronics sector, especially Taiwan’s semiconductor sector, the largest stock by market weight.
The TAEX index showed resilience despite mixed signals from US markets, which saw slight declines in the Dow Jones Industrial Average and Nasdaq on Thursday, Focus Taiwan reports.
See also: Unleash the hidden potential of commercial real estate — This platform allows individuals to invest in commercial properties that offer a targeted return of 12% with an additional 1% return increase today!
Analysts credited the strong performance of Taiwan Semiconductor Company with raising the Taiex index, as it contributed 80 points to the index’s rise.
Elon Musk, CEO of Tesla company (Nasdaq:TSLA) also highlighted Taiwan’s significant technical expertise as a foundation for the success of its semiconductor industry in a December 28 X post, where he praised the island’s talent pool in response to a discussion about Taiwan Semiconductor Corporation, Focus Taiwan reports.
In response to a post by Bojan Tunguz, former data scientist at Nvidia company (Nasdaq:NVDA), Musk credited Taiwan’s untapped talent pool for Taiwan Semiconductor Company’s dominance.
Tunguz had criticized historical anti-immigrant biases in the US technology industry, arguing that they led Morris Chang to found Taiwan Semiconductor Corporation in Taiwan rather than in the United States.
https://media.zenfs.com/en/benzinga_79/501371c2c8688a41df79d86b516fc219
Source link