📊Executive Summary

Taiwan Semiconductor Manufacturing Company (TSMC) controls 72% of the global chip market, producing 60% of the world's semiconductor supply. The company is expanding its manufacturing capabilities significantly, with a $165 billion investment in its Arizona facility, while its main competitor, Intel, faces delays in its own expansion plans. TSMC's dominance is expected to continue, with projected revenue growth of 30% in 2026. This situation presents both opportunities and risks for procurement teams reliant on semiconductor supply, particularly in light of TSMC's near-monopoly status and the high costs associated with semiconductor manufacturing....