TSMC(US:TSM) 美股IPO·2025-11-25 03:40Core Viewpoint - TSMC's CEO, C.C. Wei, indicated that the current production capacity is approximately three times short of demand based on major clients' product plans and growth expectations, highlighting the strong demand for wafers that is difficult to meet [1][5]. Group 1: Demand and Capacity - The demand for advanced process technology driven by AI is rapidly increasing, with Wei stating that the advanced process capacity is "not enough, not enough, still not enough" [3]. - TSMC's current production capacity is about three times less than what is needed according to the product planning and growth expectations of major clients [5]. - Wei humorously mentioned wanting to wear a "No more wafer" T-shirt, emphasizing the overwhelming wafer demand [5]. Group 2: Recognition and Achievements - Wei and former chairman Liu Deyin received the Robert Noyce Award from the American Semiconductor Industry Association, marking the second time TSMC leaders have been honored since founder Morris Chang in 2008 [3][4]. - The award signifies global recognition of TSMC's long-term contributions to advanced processes, advanced packaging, and manufacturing ecosystems [5]. - TSMC has successfully transitioned through multiple technology nodes, from 7nm to the upcoming 2nm, and is accelerating factory construction in the U.S., Japan, and Europe, establishing a foundation for the AI era [5]. Group 3: Industry Impact - The award ceremony, attended by key figures in the semiconductor industry, underscored TSMC's critical role in the AI chip supply chain [4]. - U.S. Commerce Secretary Howard Lutnick acknowledged TSMC's leadership as transformative for global technology advancement [4].