📊Executive Summary

The TSMC CEO has indicated that the ongoing AI boom is driving unprecedented demand for semiconductors, which is likely to result in a chip shortage lasting for several years. TSMC, which holds a significant share of the global semiconductor market, is struggling to meet this demand despite expanding its manufacturing capacity, including a major investment in a semiconductor hub in Phoenix, Arizona. The company is also considering price increases for its advanced chips, which could further impact the pricing of consumer electronics. This situation underscores the critical need for procurement teams to monitor semiconductor availability and pricing trends closely....