📊Executive Summary

TSMC has indicated that the shortage of artificial intelligence (AI) chips will continue for an extended period, driven by a structural shift in demand that surpasses current manufacturing capabilities. CEO C. C. Wei stated that it will take a long time for TSMC to meet global needs as the demand for high-performance processors accelerates due to advancements in AI technologies. The complexity of manufacturing at cutting-edge nodes further complicates the situation, making it difficult to scale production quickly. This persistent imbalance in supply and demand highlights the challenges faced by procurement teams in securing necessary components for AI applications....