TSMC packaging booked out

The focus on high-performance computing, which plays a crucial role in driving artificial intelligence tasks, is a key factor in TSMC's growth strategy. The company anticipates a significant boost in revenue from AI processors, with projections indicating a doubling this year alone. Over the next five years, the annual growth rate for AI chips is expected to hit fifty per cent, with AI processors projected to contribute over twenty per cent of TSMC's revenue by 2028.