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System on Chip design resources
System on Chip design resources
May 18, 2026 -
Taiwan Semiconductor Manufacturing Company (TSMC) has raised its outlook for the global semiconductor industry, predicting the market will surpass $1.5 trillion by 2030, up from its earlier estimate of $1 trillion.
The company said growth will be driven largely by demand for artificial intelligence (AI) and high-performance computing, which are expected to account for around 55 per cent of the total market. Smartphones are projected to contribute 20 per cent, while automotive applications are expected to make up around 10 per cent.
To meet rising demand, TSMC said it is accelerating capacity expansion, particularly in 2025 and 2026. The company plans to build nine phases of wafer fabrication plants and advanced packaging facilities in 2026, reflecting the scale of anticipated growth.