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TSMC boss bets big on AI growth, says he'd 'like' to hike chip prices
Yahoo2026.06.04
STORY: The world's largest contract chipmaker TSMC says it's confident in its growth over the next few years...thanks to robust demand for computing power and advanced semiconductors as it rides a relentless AI boom.The Taiwanese firm's CEO spoke at its annual shareholders meeting on Thursday.C.C. Wei said customers are still positive on the outlook for AI, although the company continues to monitor the impact of rising component costs.Asked whether TSMC could raise prices for customers, Wei said the firm would like to do that as, quote, "we still need to make money."Taiwan plays a crucial role in the global AI supply chain for companies including Nvidia and Apple.And its position is anchored by TSMC.The tech giant said it was working hard to meet all customer demands...although added that it will take a "very long time" to fully satisfy American customers' needs with production in the U.S.Looking ahead, Wei said he views autonomous vehicles as long-term growth drivers.But TSMC faces political risk as China steps up military pressure on democratically and separately governed Taiwan...which Beijing views as Chinese territory.
