GoKawiilis a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.
Posts from this author will be added to your daily email digest and your homepage feed.
Taiwan Semiconductor Manufacturing Co. — the world’s biggest semiconductor-maker — is struggling to meet demands from American customers even with its factory buildout in the US, according to reports from Reuters and Bloomberg. “Customer demand is so high, and we can only support so much,” TSMC CEO C.C. Wei said after a shareholder meeting on Thursday, Reuters reports. “We are doing our best to ensure TSMC does not become a bottleneck.”
The surge in AI use has already put constraints on the memory industry, with the widespread shortage of RAM and NAND Flash memory expected to last for years. The AI boom is boosting the sale of semiconductors as well, which could become a $1 trillion industry by 2027, according to research from Deloitte. While Wei said he’d “like” to raise TSMC’s prices, the company wouldn’t issue an abrupt increase like we’ve seen with DRAM and SSDs, as reported by Reuters.
Wei added it could take a “very long time” to fulfill its customers’ needs with US-based production, according to Reuters. TSMC has already opened a factory in Arizona and plans to invest $165 billion to build three additional plants in the US, alongside two advanced packaging facilities and a research and development center.