TSMC's N2 (2nm) process node is "well on track" for volume production in the second half of 2025, as scheduled, Wei said. This is expected to offer a 10 to 15 percent speed improvement at the same power versus N3E technology, or a 20 to 30 percent power improvement at the same speed, and an increase of more than 15 percent in density.

Taiwan Semiconductor Manufacturing confirmed it started commercial production at its Phoenix complex during fourth quarter when profits surged 57%.

Taiwan Semiconductor Manufacturing Company (TSMC) first announced its plans to build an “advanced semiconductor manufacturing fabrication” facility in Arizona in early 2020, committing to a $12 billion investment in Phoenix that it later increased to a staggering $40 billion when it committed to a second facility in the state.