TSMC Reaches New Highs in Taiwan Stock Market

Morgan Stanley notes that TSMC’s "hunger marketing" strategy could lead to a shortage of high-end foundry capacity by 2025.

Analysts expect TSMC to raise its full-year sales forecast in its upcoming earnings report. Wall Street investment banks believe TSMC is signaling that there might be a tight supply of high-end wafers in 2025, and customers who do not accept the company’s prices may not secure sufficient capacity allocation.