Taiwan Semiconductor Manufacturing Company (NYSE:TSM) remains confident in its long-term growth trajectory, with Chief Executive C.C. Wei highlighting sustained demand for advanced computing infrastructure and cutting-edge semiconductors driven by the rapid expansion of artificial intelligence.
Speaking at the company’s annual shareholder meeting on Thursday, Wei said customer sentiment toward AI-related spending remains highly positive, reinforcing expectations that demand for advanced chips will continue to support growth in the years ahead.
According to Wei, TSMC is working closely with customers to expand manufacturing capacity and meet increasing requirements for high-performance semiconductors used in artificial intelligence applications. He indicated that demand continues to outpace available supply in some areas of the market, underscoring the industry’s ongoing investment cycle.
Wei also addressed the company’s growing manufacturing footprint in the United States. TSMC is currently investing approximately $165 billion in a major expansion programme in Arizona, where it is constructing multiple semiconductor fabrication facilities.
While the investment is expected to play a significant role in supporting U.S. customers over the long term, Wei acknowledged that fully meeting domestic demand through American production alone will take a “very long time.” He did not provide a specific timeline for when the new facilities could satisfy the full requirements of U.S.-based customers.
The comments come as governments and technology companies increasingly prioritise supply-chain resilience and local semiconductor manufacturing capacity. TSMC’s Arizona expansion forms part of a broader effort to diversify production while maintaining its position as the world’s leading contract chip manufacturer.
In addition to discussing growth opportunities, Wei emphasised the company’s commitment to its workforce, stating that TSMC remains focused on supporting and investing in its employees as the business expands globally.
His remarks follow recent developments in the wider semiconductor industry, including an agreement reached last month between Samsung Electronics and its labour union that helped avert potential strike action in South Korea. The discussions centred on issues including compensation and profit-sharing arrangements.
With artificial intelligence continuing to drive unprecedented demand for advanced processors, TSMC remains one of the key beneficiaries of the global AI investment cycle. The company’s leadership believes sustained customer demand, ongoing capacity expansion and technological leadership will continue to underpin future growth.
More About Taiwan Semiconductor Manufacturing Company
Taiwan Semiconductor Manufacturing Company is the world’s largest dedicated semiconductor foundry, manufacturing chips for many of the leading technology companies globally. Its customers include major players in artificial intelligence, cloud computing, smartphones, consumer electronics and high-performance computing.
The company is at the forefront of advanced semiconductor manufacturing, producing some of the industry’s most sophisticated chips using leading-edge process technologies. As demand for AI infrastructure grows, TSMC plays a critical role in supplying the processors that power data centres, machine learning applications and next-generation computing platforms worldwide.