TSMC May Hit 2027 2nm Capacity Goals a Year Early on Nvidia, AMD and Apple Orders

Taiwanese reports say demand for TSMC's 2nm process has exceeded expectations, with capacity set to reach 120,000 wafers per month by the end of 2026, a 20% increase over earlier estimates. Key customers include Nvidia, AMD, Apple and Qualcomm. Bank of America expects 2nm to grow from 3% to 11% of TSMC's revenue in the third quarter.

• TSMC's 2nm capacity is set to reach 120,000 wafers per month by the end of 2026
• That is 20% above the earlier estimate of 100,000 wafers per month
• Utilization of TSMC's leading-edge lines exceeds 90% in the third quarter
• By Q3 2028, BofA expects wafer supply to top 500,000 per month