Wei’s comments were made during TSMC's annual shareholders’ meeting in Hsinchu, Taiwan.

Wei’s comments were made during TSMC’s annual shareholders’ meeting in Hsinchu, Taiwan, on Thursday, Reuters reported. Despite the rising costs of components, he noted that customers remain positive about the future of artificial intelligence. However, the Taiwanese company said that fully satisfying U.S. customers through domestic production will take a “very long time” due to capacity constraints. TSMC’s Chips May Get Costlier TSMC CEO’s remarks came just days after a report that the company is considering raising prices for its advanced 3nm chips by 15% in the second half of 2026, with a further 10% increase potentially planned for 2027. As reported in May, TSMC is also focusing on energy efficiency in chip development due to the rising electricity demand from AI. The company aims to achieve 30% power savings to combat the AI energy crisis. Benzinga's Edge Rankings place TSMC in the 97th percentile for quality and the 92nd percentile for growth, reflecting its strong performance in both areas. Benzinga’s screener allows you to compare TSMC’s performance with its peers. TSMC Price Action: On a year-to-date basis, TSMC stock surged 36.63%, as per Benzinga Pro. On Wednesday, it fell 2.24% to close at $436.69. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Image via Shutterstock

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