- Taiwan Semiconductor Manufacturing Co Ltd TSM shares traded higher by 4.73% at $117.37 on the last check Wednesday.
- Digi Times Asia reports that the ace chipmaker has informed clients regarding a 10% price hike for its sub-16nm process manufacturing. The new prices are likely to be effective starting 2022.
- Silicon Motion Technology Corp SIMO President recently advised regarding a potential crisis in the 28nm leading to a price hike, something that TSM deterred from to date.
- Recently, Apple Inc AAPL, TSM's major 16-nm client, shared its chip crisis concerns.
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