What’s Going On With Taiwan Semiconductor Stock On Friday?

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What's happening in Taiwan's semiconductor stock on Friday?
What’s happening in Taiwan’s semiconductor stock on Friday?

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Taiwan Semiconductor Manufacturing Co (NYSE:TSM:) plan produce 2nm chips Steady progress is being made in Taiwan as the contract chipmaker prepares to begin commercializing 4nm chips at its Arizona plant.

The chipmaker has completed limited-run production of about 5,000 wafers using its 2nm process at its Baoshan plant in Hsinchu Science Park, TechNode reported.

Taiwan Semiconductor has planned to deploy its 2nm production in Baoshan and Kaohsiung factories.

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During the earnings call, Taiwan Semiconductor Chairman CC Wei said the company does not expect a high-performance computing (HPC)-driven chipset design shift to affect its 2nm production.

Wei said that growing interest in 2nm has boosted demand, surpassing 3nm.

Taiwan Semiconductor has launched N2P process technology to support smartphone and high-performance computing (HPC) applications, adding that mass production will begin in the second half of 2026.

Taiwanese stocks rose on Friday, helped by gains in the electronics sector, particularly Taiwan Semiconductor, the largest stock by market weight.

The Taiex showed resilience despite mixed signals from US markets, which saw the Dow Jones Industrial Average and the Nasdaq index slightly lower on Thursday, Focus Taiwan reported.

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Analysts attributed Taiwan Semiconductor’s strong performance to the Taiex’s rise, which contributed 80 points to the index’s rise.

Elon Musk, CEO Tesla Inc (NASDAQ:TSLA:) also highlighted Taiwan’s significant technical expertise as the foundation for the semiconductor industry’s success in a Dec. 28 X post in which he praised the island’s talent pool in response to a discussion about Taiwan’s semiconductors, Focus Taiwan reported.

Responding to a post by former data scientist Bojan Tunguz Nvidia Corp (NASDAQ:NVDA:Musk credited Taiwan’s untapped talent pool for the Taiwanese semiconductor company’s dominance.

Tunguz had criticized the historical anti-immigration biases of the US technology industry, arguing that they led Maurice Chang to establish the Taiwanese semiconductor company in Taiwan rather than in the US.

 
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