TSMC hikes advanced chip prices 10%, citing surging AI demand

TSMC is reportedly increasing prices for its advanced chip manufacturing services by 5% to 10%.

The adjustments apply to all nodes at 7nm and below, which are essential for artificial intelligence and data centers.

These advanced processes generate nearly three-quarters of the company's total wafer revenue.

Overwhelming demand from the AI sector created a supply-demand imbalance for cutting-edge capacity.

The price hike allows TSMC to offset costs from global capacity expansion in the U.S., Japan, and Germany.

Major clients affected by the increase include Apple, Nvidia, AMD, and Qualcomm.