Chip Leader Taiwan Semiconductor Primed for AI Boom on Advanced Tech and Key Partnerships
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Taiwan Semiconductor (TSM) is the world's largest contract chip manufacturer and has benefited from the chip market recovery. The company enjoys competitive advantages like leading-edge process technology and strategic partnerships.
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TSM was first to commercialize advanced 5nm chips and is advancing to 3nm and 2nm. These smaller, faster chips are crucial for AI and high-performance computing.
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TSM has formed partnerships with industry leaders like Apple, Nvidia, and AMD, allowing aggressive investment in advanced products. Its Open Innovation Platform also fosters long-term customer partnerships.
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After declining in 2022, global semiconductor sales regained momentum in late 2023. Industry expects continued recovery in 2024, benefiting leading manufacturers like TSM.
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TSM remains well-positioned through its competitive strengths, strategic expansion efforts, and technology leadership to gain from the ongoing AI boom.