TSMC sees chip shortage easing—but geopolitics aren’t going away

- The world’s largest contract chip maker has more demand for its products than it knows what to do with. Politics, not business, looks like the most pressing issue on the horizon.
Fresh off a quarter of record revenues, Taiwan Semiconductor Manufacturing Co.—the world’s largest custom chip maker—expects the semiconductor shortage that has plagued car makers this year to ease. Strong demand for chips should nonetheless keep business humming. The company’s biggest problem might be balancing the demands of so many interested parties: many of the world’s largest companies and most powerful governments.
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