May 14, 2026 3:12 PM
Global semiconductor output to reach USD 1.5 trillion by 2030 on AI advancements
Taiwan Semiconductor Manufacturing Company Deputy Co-COO Kevin Zhang on Thursday said advances in artificial intelligence (AI) are expected to drive global semiconductor output to USD 1.5 trillion by 2030, with AI emerging as the industry’s primary growth engine ahead of smartphones. Speaking at TSMC’s 2026 Taiwan Technology Symposium in Hsinchu, Zhang said AI development has progressed much faster than anticipated and is rapidly transforming the global technology landscape, according to a ...