iOS News 9 January 2026 - 18 January 2026

Technology News

  • TSMC set for $2 trillion valuation as AI chip demand drives growth
    January 18, 2026, 1:10 PM EST. Taiwan Semiconductor Manufacturing Co. is positioned to extend its dominance in AI hardware, potentially reaching a $2 trillion valuation as demand for AI accelerators grows. As the world's largest chip manufacturer by revenue, TSMC underpins production for Nvidia, AMD, and other AI chipmakers, helping to meet expanding data-centre backlogs. The stock trades around a $1.8 trillion market cap, and an 18% rise could push it into the $2 trillion club, according to recent analyses. Industry forecasts show hyperscalers planning about $527 billion in AI infrastructure spending in 2026, with total AI workload spending forecast to $5 trillion by 2030 (McKinsey). TSMC has been expanding foundry capacity to capitalize on the surge in AI capex.