TSMC 2nm production is likely to begin sometime in 2023, after the company got the green light for its most advanced chipmaking process yet.

The news comes just one day after Intel said it believed it could catch, and overtake, TSMC’s chipmaking capabilities within four years…

A large part of the secret to creating ever more powerful chips is shrinking the die process: getting more transistors into the same size of chip. The A14 chip used in the iPhone 12, designed by Apple and fabricated by TSMC, contains 11.8 billion transistors.