Taiwan Semiconductor (TSM) Nears Full Capacity as AI Chip Demand Surges

Published on · Source: finance.yahoo.com

Taiwan Semiconductor (TSM) Nears Full Capacity as AI Chip Demand Surges

AI Summary

Summarized by AI from the source below

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) is reported to be operating near full capacity due to increased demand for AI chips, as confirmed by an executive at Broadcom. The semiconductor industry is facing supply chain constraints and shortages in materials such as printed circuit boards and lasers. TSMC has indicated customer planning timelines are now extending to 2-3 years. The company produces approximately 90% of the world's most advanced chips and is working to expand its capacity in Arizona and Taiwan to meet demand.

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About Broadcom Inc. (AVGO)

Broadcom is a diversified semiconductor and infrastructure-software maker, supplying networking, broadband, and custom AI chips to data centers and device makers.

The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.

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