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

At TSMC's annual shareholders meeting in Hsinchu, Chairman and CEO Wei Zhejia said that global chip supply will still be unable to meet the surge in AI demand in the next few years. Even if TSMC expands its production capacity in the United States, it will be difficult to fully meet the needs of American customers, and it will take a long time to balance supply and demand.<br /> Wei Zhejia reiterated that TSMC's sales this year are still expected to grow by more than 30%. The company's capital expenditures this year are expected to approach the US$56 billion ceiling, while the world's major ultra-large-scale cloud service providers are expected to spend US$725 billion in the AI field. Affected by Broadcom's performance outlook, TSMC's Taipei share price fell slightly by 1%, but the cumulative increase in the past three years has more than quadrupled. Wei Zhejia also said that the average employee bonus this year will increase by more than 30%.