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TSMC’s Q1 profit rises 19% on strong chip demand – Reuters

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Thursday it is doing all it can to increase productivity and alleviate a worldwide chip shortage, but that…

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TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Thursday it is doing all it can to increase productivity and alleviate a worldwide chip shortage, but that tight supplies will likely continue into next year.
The worlds biggest contract chipmaker said it is expanding capacity and working to keep pricing reasonable.
We have acquired land and equipment, and started the construction of new facilities. We are hiring thousands of employees and expanding our capacity at multiple…

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