TSMC CEO Warns AI Chip Demand Will Outpace Supply for Years
TSMC's CEO C.C. Wei stated at the company’s annual shareholders’ meeting that demand for AI chips is outpacing supply and will remain so for years, with industry-wide capacity constraints beyond TSMC alone. He confirmed a revenue growth target of over 30% for the year while highlighting ongoing efforts to expand production in Arizona.
Tickers: $TSM
Topics: AI chip demand supply chain constraints TSMC capacity issues