TSMC says 'insane' AI demand is 'real' and a boon for chip giant

CEO says artificial intelligence boom will deliver for 'many years'

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Taiwan Semiconductor Manufacturing Co, the world's top chipmaker, is expanding in the U.S., Japan and Europe. © Reuters

CHENG TING-FANG and LAULY LI, Nikkei Asia tech correspondents

TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Thursday said "extremely robust" AI demand is set to continue for years and deliver another record-breaking quarter for the world's largest contract chipmaker.

TSMC said demand for high-performance computing chips for servers, for example, will more than triple in 2024 compared with last year.

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