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semiconductor / news / / Bloomberg

Taiwan Semiconductor Manufacturing Co. Chief Executive Officer C.C. Wei said the company’s global chip supply will fall short of AI-fueled demand for years to come.

TSMC CEO C.C. Wei warned global chip supply will lag AI-driven demand for years.

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Taiwan Semiconductor Manufacturing Co. Chief Executive Officer C.C. Wei said the company’s global chip supply will fall short of AI-fueled demand for years to come, sustaining revenue growth for the firm. Even with new manufacturing capacity in the US, TSMC can’t fulfill demand led by American customers, Wei said at the company’s annual shareholders’ meeting in Hsinchu, Taiwan, on Thursday. He reiterated its forecast for sales growth of more than 30% for this year.
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