Reported 4 months ago
Taiwan Semiconductor Manufacturing Co.’s new Chairman, C.C. Wei, has reaffirmed expectations for a 2024 industry recovery driven by AI development. Wei, who now holds the dual roles of chairman and CEO, emphasized projections for 10% chip market growth, excluding the memory sector, but noted a scaled-back outlook due to weak smartphone and personal-computing markets. This move signifies a shift in leadership at TSMC, a key player in the global AI industry, with plans for overseas expansion and a commitment to adopting advanced technology in Taiwan first.
Source: YAHOO