TSMC warns demand will outpace supply for "long time"; holds prices stable

TSMC CEO C.C. Wei told shareholders that the fab faces prolonged demand-supply imbalance and committed to holding prices flat despite tight capacity. The comment signals confidence in long-term chip demand—likely driven by AI accelerator and next-gen GPU orders—while reassuring customers on cost stability.

TSMC's no-hike pledge comes as the industry braces for multi-year GPU cycles and datacenter buildout. The signal aligns with investor expectations around sustained capex in foundry capacity, though it constrains near-term margin expansion.