TSMC hikes chip prices up to 20% amid supply shortage

2021-08-26 09:13:19

Chipmaking giant Taiwan Semiconductor Manufacturing Co. (TSMC) recently informed clients of the coming change, bringing up a 10% increase in quotes on 7-nm and smaller processes and a 20% bump for chips fabricated on 16nm and more mature technologies.

The change is slated to go into effect for orders set for fulfillment in December. TSMC has not yet responded to the news.

TSMC shares rose 4.39% yesterday in the U.S. stock market, with a market value of $606.9 billion, surpassing Tencent Holdings' market value of $584.5 billion, making it the highest market value company in Asia.

chip maker Chip shortage price increase TSMC

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Tencent Holdings repurchased 3.93 million shares for HK$1.5 billion on January 7
                            2025-01-07

                                    Ireland recorded a 12.8 billion euro fiscal surplus last year due to the "Apple tax" ruling
                            2025-01-07

                                    Ministry of Industry and Information Technology: Promoting technical verification of 10G optical network and artificial intelligence integration
                            2025-01-07

                                    Tencent's major shareholder Prosus reduced its stake in Tencent Holdings from 24.01% to 23.99% on January 6.
                            2025-01-07

                                    U.S. chip stocks rose before the market opened, with Nvidia up 0.6%
                            2025-01-07