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TSMC had started mass production of its 3-nanometer chips, which are expected to have more processing power while using less power, boosting battery performance.
The Taiwanese tech giant operates the world's largest silicon wafer factories and produces high-performance chips used in everything from smartphones and cars to missiles. It is also Apple's primary chip supplier.
According to TSMC chairman Mark Liu, their 3nm technology will be used massively in future state-of-the-art technological products, including supercomputers, cloud servers, high-speed internet, and many many mobile devices.
He added that the company plans to build even smaller 2nm plants in the Taiwanese cities of Hsinchu and Taichung.
TSMC accounts for nearly 50 percent of the world's production of chips below 10nm.
TSMC's South Korean rival Samsung began mass production of its 3nm chips in June.
