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TSMC grappling with 'unexpected' chip tool constraints, CEO says

Chipmaker logs record $7bn profit in Q1, forecasts record full-year revenue

Chip titan TSMC is departing from its decadeslong strategy of centering most production at home in Taiwan and is now expanding its manufacturing footprint globally.   © Reuters

TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Thursday said it is working with chip equipment suppliers to deal with "unexpected" delivery constraints as it prepares to drastically ramp up production from next year.

The chip titan, which reported record quarterly results the same day, is in the midst of a historic global expansion push, including spending $100 billion over the three years until 2023 to help alleviate the chip supply crunch.

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