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TSMC: Semiconductors and Borders of Light

The Generalist

CHAPTER

The Future of the Semiconductors

As transistors have shrunk, the number of them that a single chip can accommodate has risen exponentially. Though chips have shrunk, their growing ubiquity has massively expanded the size of the semiconductor market. In 1991, semiconductor sales reached $55 billion; in 2022, they're expected to reach nearly $614 billion. Chips will likely become a trillion-dollar industry, with McKinsey expecting it to reach that landmark by 2030.

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