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Chronicles

The story behind the story

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At TSMC's annual meeting, geopolitics took center stage for the first time, as CEO Mark Liu defended the US expansion, saying the plans were “not all downside”

Shareholders question strategy but chair says new foundries outside Taiwan can help it maintain global leadership

Financial Times Kathrin Hille

Discussion

  • @iancutress @iancutress on x
    As an AGM, most people here are investors. There's a large amount of regular people here, clearly with some stake in the company. Young couples barely 25, mid 30s in stylish but understated clothes, all the way up to 80yr olds either in suits or tracksuits. Then the press+cameras…
  • @iancutress @iancutress on x
    Made it. $TSM AGM. I'm at the back, final row. 🙃 [image]
  • @dnystedt Dan Nystedt on x
    TSMC Chairman Mark Liu said customer inventories are gradually decreasing and end demand is picking up, though there are still some areas of negative growth, media report, and said TSMC is ready for the next wave of growth in 2024. $TSM #semiconductors https://money.udn.com/...
  • @pstasiatech Paul Triolo on x
    Chipmaker TSMC defends overseas expansion plans Shareholders question strategy but chair says new foundries outside Taiwan can help it maintain global leadership. Not just shareholders... https://www.ft.com/...
  • @pstasiatech Paul Triolo on x
    Regarding the recent performance of advanced packaging, which has attracted the most attention, Mark Liu stated that the surge in the ChatGPT trend has driven the augmented use of generative AI applications, leading to a surge in demand for TSMC's advanced packaging capacity and.…