MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook 
JPMorgan Sees Biotech Sector at Turning Point, Upgrades Top Pharma Stocks 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
SoftBank to Invest €75 Billion in France AI Data Center Expansion by 2031 
Nvidia and Microsoft to Launch AI-Powered Windows PCs at Computex 2026 
Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion 
DOJ Investigates Group Linked to Reid Hoffman Over E. Jean Carroll Lawsuit Funding 
SK Hynix Joins $1 Trillion Club as AI Chip Demand Fuels Stock Surge 
Marvell Stock Rises After Record Q1 FY2027 Earnings Fueled by AI Demand 
PDG Explores $1 Billion Sale of China Data Center Assets 
Salesforce Q1 FY2027 Earnings Beat Expectations Despite Soft Q2 Revenue Outlook 
Australia Sues 3M for Over A$2 Billion Over PFAS Firefighting Foam Contamination 
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 
Synopsys Q2 FY2026 Earnings Beat Driven by AI and Semiconductor Demand 
NIO CEO Says China’s Auto Industry Has Passed Its Golden Era Amid Weak Car Sales 
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results 
Elon Musk Explores Possible Tesla-SpaceX Merger Amid Growing AI Investments 
Taiwan Semiconductor Manufacturing Company (TSMC) reveals its plans to produce 3nm chips at its site in the state of Arizona. But the company said the more advanced production would be part of its “phase 2” plans for the U.S.-based foundry.
Reuters reported that TSMC founder Morris Chang announced plans to establish a more advanced plant that will produce 3nm chips at its Arizona site. Chang confirmed said plans during a press conference in Taiwan after he attended the recently held APEC summit in Thailand last week.
However, it might take a while before said production begins. Chang noted that the initial plan for the site is to produce 5nm chips, and the 3nm chip production would be part of a “phase 2” plan.
"It has almost been finalized - in the same Arizona site, phase two,” Morris said. “Five-nanometre is phase one, 3-nanometre is phase two." TSMC’s Arizona foundry is currently under construction and is planned to start production by 2024.
Devices powered by 3nm chips could be available in the market way before TSMC Arizona begins its production. Earlier this year, the world’s leading foundry unveiled a roadmap for its 3nm chipmaking tech, which it calls the N3 node, along with the target to begin volume production in the second half of 2022. In late August, TSMC confirmed it was gearing up to start its N3 production "soon" despite supply chain constraints at the time.
On TSMC’s website, the company says its 3nm chip node can deliver up to a 15% boost in performance and reduce power consumption by 30% compared to its 5nm tech (N5). Note that Apple’s A15 Bionic chip used on the iPhone 13 series and regular iPhone 14 models uses TSMC’s 5nm tech. Meanwhile, TSMC plans to start production of the 3nm follow-up N3E by 2023.
Apple, one of TSMC’s largest customers, is rumored to be planning to use TSMC’s N3 node for the A17 Bionic chip and upcoming M3 SoCs. These chips are expected to be included in the iPhone 15 Pro/Pro Max and Mac computers launching next year.
Photo by Laura Ockel on Unsplash
