Chip shortage, demand outstripped supply, price up
TSMC shares up on price increase; company declines to comment
Shares of Taiwan Semiconductor Manufacturing Co. rose Wednesday morning after local media reported that the world's largest contract chipmaker will raise product prices due to a global supply shortage, dealers said.Asked for comment on the reports, TSMC said the company never responds to any speculation on product price adjustments.The stock got a boost soon after the market opened from the reports, which said earlier Wednesday that TSMC will raise prices across the board. The Chinese language
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