Key facts
- TSMC acknowledged rising costs due to inflation.
- The company did not rule out future price increases.
- TSMC's CFO stated that significant price hikes are not expected.
- The CFO denied that the current AI boom constitutes a bubble.
- TSMC refuted claims that its global expansion is solely due to geopolitical pressure.
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chip manufacturer, has indicated that rising inflation is increasing its operational costs and has not ruled out passing these costs on to customers through price increases. However, Chief Financial Officer Wendell Huang assured that the company would not implement sudden, drastic price hikes, emphasizing that TSMC reflects its value through technological leadership and manufacturing excellence.