TSMC warns that global chip supply and demand tension will continue for several years, with revenue still expected to grow by over 30% this year

Odaily Planet Daily News At TSMC's annual shareholders' meeting in Hsinchu, Chairman and CEO Wei Zhejia stated that the global chip supply will still be unable to meet the surge in AI demand for several years. Even with TSMC expanding production capacity in the United States, it will be difficult to fully satisfy the needs of American customers, and achieving a balance between supply and demand will take a considerable amount of time.

Wei Zhejia reiterated that TSMC's sales revenue is still expected to grow by over 30% this year. The company's capital expenditure for this year is projected to be close to the upper limit of $56 billion, while global major hyperscale cloud service providers are expected to spend up to $725 billion in the AI field. Affected by Broadcom's performance outlook, TSMC's Taipei-listed shares fell slightly by 1%, but their cumulative increase over the past three years has exceeded four times. Wei Zhejia also mentioned that the average bonus for employees this year will increase by over 30%.