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

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

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.