Futurum's Shay Boloor Explains Why Nvidia, AMD, Apple and Broadcom All Depend on TSMC: 'Every Token Ultim - Benzinga

According to Futurum Research analyst Shay Bolo, the semiconductor industry's core issue lies in the deep dependence of major global chip manufacturers on TSMC's manufacturing capabilities. This pheno... Read original →

The deep reliance of leading chip designers on TSMC has evolved into a systemic single point of failure. At the 3nm node and below, only TSMC reliably controls EUV yield and scales capacity, forcing NVIDIA, AMD, Apple, and Broadcom to anchor their roadmaps in its fabs—located in Taiwan, China. While this centralization boosts R&D velocity, it magnifies supply chain fragility under geopolitical stress. U.S., Japanese, and European subsidies aim to diversify manufacturing, but replicating TSMC’s process-equipment-talent loop remains elusive. Over the next 12–24 months, clients will quietly hedge with Samsung and Intel for AI chip orders, yet yield gaps will preserve TSMC’s pricing dominance. The long tail? Advanced-node monopoly is shifting power from design to foundry, ushering in an era where manufacturing capability—not just architecture—defines innovation leadership.