Lates News

Taiwan Semiconductor Manufacturing Co. (TSM.N) said on Thursday that strong demand for various semiconductors, driven by continued investment in artificial intelligence infrastructure, is expected to drive revenue growth of over 30% by 2026. TSMC Chairman and CEO Mark Liu stated at the annual shareholders meeting that the company currently expects its revenue in US dollars to grow by 30%, consistent with the forecast given in their latest financial conference call and up from the early estimate of 25% in January. The company is continuing to build more capacity to meet unprecedented demand from customers for large-scale AI computing infrastructure. However, Liu also mentioned that the ongoing increase in electronic components prices could harm the consumer electronics industry, and his company is monitoring the situation in the Middle East: "We continue to monitor the impact of rising electronic component prices, especially in price-sensitive areas and the consumer electronics market. The recent tensions in the Middle East have added further uncertainty to the outlook."