TSMC working hard to meet chip demand, would ‘like’ to hike prices

Taiwan’s TSMC, the world’s largest contract chipmaker, is striving to keep up with demand and avoid becoming a bottleneck in the global supply chain during the relentless boom in artificial intelligence, its CEO said on Thursday.

C.C. Wei, speaking at the company’s annual shareholder meeting in the Taiwanese city of Hsinchu, said customers are still upbeat on the outlook for AI, while TSMC is monitoring the impact of rising component costs.