Global Market: TSMC sees chip market crossing $1.5 trillion by 2030 on AI boom
- Posted on May 14, 2026
- By Business News Today
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- 1 min read
Global Market: TSMC sees chip market crossing $1.5 trillion by 2030 on AI boom
TSMC has raised its long-term semiconductor industry forecast, projecting the global market to exceed $1.5 trillion by 2030, driven by artificial intelligence and high-performance computing demand. The company expects rapid growth in advanced chip production and is aggressively expanding manufacturing capacity across the US, Japan and Germany.
