TSMC CEO says profitability has no ceiling, plans High-NA EUV in 2030

TSMC chairman and CEO C.C. Wei said on October 15 that the chipmaker sees no ceiling on its profitability as demand for AI accelerators continues to outpace supply. The company plans to adopt High-NA EUV lithography by 2030 and has locked in 3-6% wafer price hikes for 2027.

• TSMC sees no ceiling on profitability amid AI accelerator demand
• High-NA EUV adoption planned for 2030
• Wafer prices to rise 3-6% in 2027