TSMC's N2 (2nm) process node is "well on track" for volume production in the second half of 2025, as scheduled, Wei said. This is expected to offer a 10 to 15 percent speed improvement at the same power versus N3E technology, or a 20 to 30 percent power improvement at the same speed, and an increase of more than 15 percent in density.

Taiwan Semiconductor Manufacturing Co has begun producing advanced four-nanometer chips for U.S. customers in Arizona, Commerce Secretary Gina Raimondo told Reuters, a milestone in the Biden administration's semiconductor efforts.

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