📊Executive Summary

TSMC has raised its global semiconductor market forecast to exceed US$1.5 trillion by 2030, driven by increased demand for AI and high-performance computing. The company plans to expand its production capacity with nine new wafer fabs and packaging phases in the U.S., Japan, and Germany, indicating a strategic shift in the semiconductor supply chain. This expansion is crucial for meeting the needs of hyperscalers and large cloud customers, but it also introduces execution risks due to the capital-intensive nature of these projects. The article highlights TSMC's pivotal role in the AI chip supply chain and the potential implications for pricing and supply dynamics as competitors like Samsung and Intel also ramp up their capacities....