India, Jan. 2 -- The transition from 3nm to 2nm marks the most consequential inflection in semiconductor manufacturing since the industry adopted FinFETs more than a decade ago. This shift is not simply about smaller transistors, but about a structural change in how advanced chips are designed, manufactured, and monetized.

Gate-All-Around architectures, exploding power requirements from AI workloads, and sharply rising capital intensity have fundamentally altered the economics of leading-edge logic.

What makes the 2nm transition different from prior node changes is timing. At advanced nodes, competitive outcomes are now being decided years before meaningful revenue appears. Customers are locking in foundry partners, capacity is being bu...