TSM Stock Rises on Breakthrough in 2nm Chip Technology

Taiwan Semiconductor Manufacturing Company (TSM, Financial) saw its stock rise over 1.7% to $184.3. The increase comes on the heels of a major breakthrough in its 2nm process technology, which will incorporate Gate-all-around FETs transistor technology for the first time. This new N2 process is expected to offer a 10% to 15% performance boost at the same power levels, or reduce power consumption by 25% to 30% at the same frequency, compared to the current N3E process.The price of TSMC's 300mm 2nm wafers mig ...