TSMC raises revenue growth projections due to chip shortage
Business Standard|January 14, 2022
Taiwan Semiconductor Manufacturing Co. raised its revenue growth projections and unveiled plans to spend as much as $44 billion expanding in 2022, signaling confidence that voracious demand for iPhones and chips will persist for years.
TSMC raises revenue growth projections due to chip shortage

Apple Inc.'s most important chipmaker is now projecting average sales growth of 15% to 20% annually-as much as double its previous expectation. It foresees sales of $16.6 billion to $17.2 billion in the first quarter alone, at least 5% ahead of projections.

This story is from the January 14, 2022 edition of Business Standard.

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This story is from the January 14, 2022 edition of Business Standard.

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