A Potential New Rival Wants to Undercut TSMC. Here's What Investors Need to Know.

Japanese semiconductor company Rapidus plans to mass-produce 2nm chips by 2027 at $21,000 per wafer, undercutting TSMC's $30,000 price point. However, analysts believe TSMC's dominant 73% market share, proven track record, established customer relationships, and year-long head start in 2nm production make it unlikely that Rapidus will pose a meaningful threat to TSMC's dominance.