Chip Stocks Have Soared 157% Over the Past Year; TSMC and ASML Are Top Buys Before the Semiconductor Industry Surpasses $1.5 Trillion in 2027

BOE Technology stated on its investor interaction platform on October 10, in response to investor questions, that if the company's glass-based packaging substrate business reaches the conditions for a mass production decision, it will need to invest in building a new mass production line. Previously, investors had asked BOE Technology whether achieving mass production would require investing in a new production line, given that the company's glass substrates have already passed testing by multiple customers.

Plans emerged on the 9th that Terafab, the semiconductor manufacturing initiative launched by American businessman Elon Musk, aims to have a large-scale mass production plant operating in Texas by 2032. According to people familiar with the matter, preparations are underway to start up a semiconductor pilot plant in the state during 2027, and orders have already begun to be placed with Japanese semiconductor manufacturing equipment and materials companies for the pilot plant. The plant is expected to be completed as early as July 2027 and to begin operating within that year. At the large-scale mass production plant targeted for operation in 2032, production of logic semiconductors capable of advanced computing and memory will be handled at a single facility, with final production scale projected at roughly 1 million wafers per month, of which about 70 percent of capacity will be allocated to memory and about 30 percent to logic. The production scale will be comparable to the large-scale plants of major semiconductor makers such as Taiwan Semiconductor Manufacturing and South Korea's Samsung Electronics. For logic semiconductor production, Intel of the United States will provide technical cooperation, with adjustments underway to adopt the company's 2-nanometer and 1.4-nanometer circuit linewidth technologies, while for memory manufacturing a plan has surfaced for a Taiwanese company to provide technical cooperation. Terafab is an initiative announced by Musk in March, under which the electric vehicle giant Tesla and space development company SpaceX will lead the development of semiconductor plants, investing 55 billion dollars initially, with total investment potentially expanding to 119 billion dollars including additional portions.