Taiwan chip revenue forecast to rise 40% in 2026

Taiwan's semiconductor industry revenue is projected to be close to US$300 billion in 2026, more than 40 percent higher than last year, Taiwan Semiconductor Industry Association president Wu Chih-i said Wednesday.

Wu told the SEMICON expo in Taipei that demand linked to artificial intelligence had pushed the development of new technology and helped the sector perform better this year.

Taiwan is a major centre for chip manufacturing, including nearly all of the most advanced chips used in products ranging from smartphones to electric vehicles.

Wu said energy supply, talent and cyber security were becoming more critical for the industry. He also said no single country could dominate the chip supply chain and that further progress would need closer international semiconductor cooperation.

Taiwan's position in chipmaking has caused friction with the United States. President Donald Trump has accused Taiwan of stealing the American chip industry and has pressured Taiwanese companies to build more on US soil.

Ajit Manocha, head of the global industry association SEMI, said this would be the decade of AI, but warned that the world was still in the early stages and would face further challenges.