N4

TSMC's revenue this year is going to set an all-time record for the company, thanks to high demand for chips as well as increased prices that its customers are willing to pay for its services. While the company admits that demand for chips aimed at consumer devices is slowing, demand for 5G, AI, HPC, and automotive chips remains steady. In fact, TSMC's main problem at present is getting more fab equipment, as ASML and other tool firms and reporting that demand for semiconductor production tools significantly exceeds supply. Last week TSMC posted its financial results for the second quarter of 2022. The company's revenue hit a record $18.2 billion, which was a year-over-year increase of 43.5%. The company revealed that while its sales were up...