TSMC announces the development of A16 (1.6nm) technology with production slated for the second half of 2026.

A16 technology to feature backside power delivery and nanosheet gate-all-around transistors, aiming for 8-10% performance improvement or 15-20% power reduction, and 1.1x density increase over TSMC's N2P.

TSMC's unveiling of A16 in Santa Clara viewed as a direct challenge to Intel's semiconductor dominance.

Company is also advancing on High-NA EUV technology for future nodes and making progress on A14 with improvements in critical dimensions and defect density.

TSMC's upcoming technologies are set to compete with Intel's '14A' technology, but both are years from delivery and must demonstrate real-world efficacy.

Investment advice suggests waiting for TSM stock to fall below $115 before considering purchase.