TSMC predicts revenues could grow 26% this year on AI boom

Start of production at second Arizona plant may be postponed to 2027 or 2028

20240118 Right, Mark Liu, TSMC chairman, left, C.C. Wei TSMC CEO

C.C. Wei, TSMC CEO (left), and Mark Liu, TSMC chairman (right), discuss company's 2024 prospects. (Photo by Cheng Ting-Fang) 

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

TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, said on Thursday its revenues could grow by as much as 26% this year as the rise of generative AI computing fuels the growth of the global electronics industry.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.