A pay raise is coming. TSMC announces another production price increase.

$Taiwan Semiconductor (TSM.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ TSMC has reached The price list changes are expected to be implemented starting in 2023. The increase in TSMC's production costs will result in changes for other smaller companies such as UMC, SMIC and Globalfoundes.

Price increases mean higher production costs, often accompanied by salary increases.
Anthor, from gas to food, the cost of everyday items has soared over the last year, squeezing Americans’ pocketbooks and erasing much of their gains in pay raises.

As U.S. inflation surges to new heights, employers are increasingly debating whether to boost wages, as workers, who have more leverage in salary negotiations thanks to a long-running labor shortage, struggle to keep pace with the rising cost of living.