TSMC Forecasts Sustained AI Chip Demand

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Taiwan Semiconductor Manufacturing (TSM) sees supply constraints continuing for leading-edge process nodes for the foreseeable future amid unrelenting AI chip demand. TSM stock rose on Thursday after the company's annual shareholders' meeting. At the meeting, Chief Executive C.C. Wei said the contract chipmaker, better known as TSMC, won't be able to fulfill demand over the next few years, even as…