Taiwan Semiconductor Industries (TSMC) surged over 1.7% with a major breakthrough in 2nm technology, potentially pushing the price per wafer to over $30,000

Taiwan Semiconductor rose more than 1.7%, closing at $184.3. On the news front, Taiwan Semiconductor has made a major breakthrough at the 2nm process node, introducing Gate-all-around FETs transistor technology for the first time. Compared to the current N3E process, the N2 process is expected to achieve a 10% to 15% performance improvement at the same power, or reduce power consumption by 25% to 30% at the same frequency. It is reported that the price of a 300mm 2nm wafer from Taiwan Semiconductor may exceed $30,000, higher than the previous expectation of $25,000. In comparison, the current price of a 3nm wafer is approximately $18,500 to $20,000, while the price of 4/5nm wafers is between $15,000 and $16,000