TSMC Will Prioritize Companies Who Are Not Stockpiling Chips as It Plans to Invest $100 Billion to Increase Manufacturing Capacity

TSMC Will Prioritize Companies Who Are Not Stockpiling Chips as It Plans to Invest $100 Billion to Increase Manufacturing Capacity

2 years ago
Anonymous $BH0TGXkyPe

https://wccftech.com/tsmc-prioritize-companies-not-stockpiling-chips/

TSMC is taking various steps to deal with the ongoing chip shortage. Previously, price hikes and other measures such as prioritizing companies like Apple were being followed, but according to the latest interview, companies who are not stockpiling chips will now be considered for future orders.

TSMC’s chairman Mark Liu, in an interview with Time Magazine, commented on how his firm is dealing with the chip shortage. While injecting $100 billion to increase manufacturing capacity over the next three years seems like the right step, the move will not be sufficient as demand grows for cutting-edge wafers, so the company has to take a drastic decision.