Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, on January 19. As the company grapples with a global chip shortage, the CEO said geopolitical tensions have led to stockpiling. Photo: Reuters
TSMC chief blames geopolitical tensions for chip shortage, plays down threat from Intel and rival fabs
- TSMC reported a 25 per cent rise in first-quarter earnings amid a global chip shortage the company blamed on geopolitical tensions and stockpiling
- The company played down the potential threat of rivals like Intel increasing capacity, saying TSMC is prepared
