Boosted by short-term orders in the electronics supply chain and shipments of AI and high-performance computing (HPC) chips, Taiwan’s wafer foundry industry posted better-than-expected revenue in the first half of 2024, reaching US$44.5 billion. This represents a growth of 19% year-on-year and 6% from the second half of 2023, indicating a steady recovery in the industry, according to DIGITIMES Research’s latest report covering Taiwan’s wafer foundry industry.