TECH - Pay More for Chips Made Outside Taiwan as AI Demand Soars and Global Expansion Continues: Taiwan Semiconductor | Benzinga
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is adjusting its pricing model to include a premium for chips manufactured outside of Taiwan.
This move is driven by the need to expand its global production capabilities amid escalating tensions with China and rising production costs.
The key Nvidia Corp (NASDAQ:NVDA) supplier reported a robust first-quarter net profit and anticipates revenue growth driven by AI chip demand.
It maintains a capital expenditure forecast of $28 billion – $32 billion for the year but expects a slight dip in gross margin in the upcoming quarter due to increased costs.
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