TSMC, the world’s largest chip maker, plans to increase prices, which could result in consumers paying more for electronics.

TSMC, the world’s largest chip maker, plans to increase prices, which could result in consumers paying more for electronics.
The Taiwan based company plans to increase prices by about 10% for advanced chips and 20% for less advanced chips, starting later this year or early next year. This will likely increase the price of consumer electronics, cars, and other products that use TSMC's chips. TSMC makes 90+% of the world's advanced semiconductors. Apple is one of TSMC's largest customers and its iPhones use TSMC's advanced microprocessors. TSMC has a market cap of $560B, making it the ninth most valuable company in the world. Link

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