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🚨🚨TSMC: Global chip market could reach $1.5 trillion by 2030 driven by AI
According to information released on May 14 by Taiwan Semiconductor Manufacturing Company (TSMC), in a presentation at a technology symposium the company projected that the global semiconductor market could exceed $1.5 trillion by 2030, significantly higher than the previous estimate of around $1 trillion.
TSMC expects artificial intelligence (AI) and high-performance computing (HPC) to be the main growth drivers, potentially accounting for about 55% of the total market value. Meanwhile:
Smartphones are expected to represent around 20% of the market.
Automotive applications may account for about 10%, supported by the rise of electric vehicles and autonomous driving technology.
To meet the growing demand, TSMC plans to accelerate capacity expansion during 2025–2026, including the construction of nine new wafer fabrication plants along with advanced chip packaging facilities.
💡 Crypto market perspective:
The rapid expansion of AI and computing infrastructure often increases attention toward AI-related crypto projects. On OKX, some tokens commonly associated with this sector include:
$FET $AGIX $OCEAN $RNDR $WLD $TAO $ARKM $INJ $NEAR $ICP $GRT $THETA $AI $ROSE $NMR $PHB
If the AI + semiconductor trend continues to grow strongly toward 2030 as predicted by TSMC, crypto projects providing AI infrastructure, data networks, and decentralized computing power could become important pieces of the future tech ecosystem. #USCPIHits3.8% #TradeStocksOnOKX #CLARITYAct309Pages
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