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No Slowdown At TSMC, Thanks To The AI Gold Rush

With a near monopoly on advanced chip manufacturing and packaging, it is no wonder that during the AI boom that the world’s largest foundry is not only making money. But it is a wonder that TSMC is not extracting even more revenue and profits from its customers than it does. The only explanation, even as TSMC is contemplating price hikes to cover rising electricity and other costs in 2025, is that company founder Morris Chang and chief executive officer CC Wei have grasped the secret of life: Kn...

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