TSMC's 3D DRAM bet signals Nvidia's growing power
A deep dive into the November 2026 reports of TSMC exploring 3D DRAM production and why the company's existing SK hynix partnership doesn't make it a memory rival.
The Morning the Memory Market Woke Up Differently On November 6, 2026, the semiconductor industry's most consequential relationship shifted at least in the minds of investors and analysts tracking the AI hardware supply chain. The Information reported that Taiwan Semiconductor Manufacturing Company had begun internal planning for 3D DRAM production at the direct request of Nvidia, its largest customer. By the time markets opened in the United States, TSMC's American depositary receipts had climbed 7.7% in early...
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