TSMC is a big company that makes computer chips for other companies like Nvidia and Apple. They are making a new type of chip called A16 that will be ready in 2026, which will make computers faster and better at thinking. Intel is another company that also makes chips and they want to make even faster ones than TSMC. But TSMC says they don't need a very expensive machine from another company called ASML to make their A16 chips. They also have a new way of giving power to the chips from the backside, which will help them work faster for things like thinking and learning. Read from source...

1. The title is misleading and does not reflect the content of the article. It implies that TSMC is setting a launch date for A16 chips in 2026 to outpace Intel, but the article actually says that production will start in the second half of 2026, which is different from launching. Also, it does not mention any specific goal or strategy to surpass Intel in speed, only that they are competing for the world's fastest chips. A more accurate title could be "TSMC Announces A16 Chip Technology for 2026 Production".