TSMC boss frets about shortages of talent, water in Taiwan

TAIPEI: The head of Taiwan’s TSMC, the world’s largest contract chipmaker, said on Friday that what his company lacks most is talent, while also worrying about water shortages.

Taiwan produces most of the advanced chips powering the AI revolution, but the industry has long complained about what executives call the “five shortages” – water, power, labour, land and talent.

Speaking at a rain-drenched ‌ceremony for ⁠a new ⁠science park in southern Taiwan’s Pingtung, TSMC CEO C.C. Wei said he was happy about the weather.