Taiwan's TSMC sees endless demand for AI chips, bucking market fears of a bubble. The world's top chipmaker reported record fourth-quarter earnings and expects continued growth in the AI sector.
CEO C.C. Wei expressed optimism about the future of artificial intelligence, saying it's becoming increasingly integral to daily life. "AI megatrend" is expected to drive long-term demand, according to TSMC. However, some industry experts have raised concerns that the AI market may be overhyped, with Google CEO Sundar Pichai warning in November about "irrationality."
TSMC's bullish stance contrasts with these warnings, but its approach has been validated by cloud providers who attribute significant business benefits to AI technology. To ensure demand is genuine, TSMC CEO Wei spoke directly with cloud service providers to verify the existence of a market need.
The company's commitment to investing heavily in its chip fabrication facilities reflects this confidence. With nearly 30 percent revenue growth expected for next year and plans to spend $52 billion to $56 billion on capital expenditures, TSMC is betting on sustained demand from AI companies.
This stance has helped the Taiwanese chipmaker boost investor morale amid months of speculation about the AI market's stability. While concerns remain, TSMC's endorsement of AI as a vital technology suggests it may be poised for continued success in this field.
CEO C.C. Wei expressed optimism about the future of artificial intelligence, saying it's becoming increasingly integral to daily life. "AI megatrend" is expected to drive long-term demand, according to TSMC. However, some industry experts have raised concerns that the AI market may be overhyped, with Google CEO Sundar Pichai warning in November about "irrationality."
TSMC's bullish stance contrasts with these warnings, but its approach has been validated by cloud providers who attribute significant business benefits to AI technology. To ensure demand is genuine, TSMC CEO Wei spoke directly with cloud service providers to verify the existence of a market need.
The company's commitment to investing heavily in its chip fabrication facilities reflects this confidence. With nearly 30 percent revenue growth expected for next year and plans to spend $52 billion to $56 billion on capital expenditures, TSMC is betting on sustained demand from AI companies.
This stance has helped the Taiwanese chipmaker boost investor morale amid months of speculation about the AI market's stability. While concerns remain, TSMC's endorsement of AI as a vital technology suggests it may be poised for continued success in this field.
! I mean, these industry experts are always talking about a bubble forming in the AI market, but TSMC's CEO C.C. Wei is like "nah, we got this" 
. He's actually been speaking directly with cloud providers and they're seeing major benefits from AI tech, which is solid proof that there's actual demand out there 
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. But for real, AI is becoming more integrated into our daily lives and it's hard not to see its potential. Some people might be worried about a bubble, but TSMC seems to know what they're doing 
. And I gotta say, it's refreshing to see someone being optimistic about AI like that CEO C.C. Wei. It's gonna be interesting to see how this all plays out in the next few years 
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And let's be real, 30% revenue growth next year? That's no joke 
. I'm curious to see how this plays out in the next year... will they reach their $52-56 billion capex goals? 
. It's hard 2 imagine a world without it! The fact that cloud providers are seein significant benefits from AI tech is a major thumbs up 4 TSMC's approach. They're not just predicting demand, they're actively workin 2 ensure it's there 
- they're not listening to all these naysayers who say the AI market is gonna pop like a bubble 
. Instead, they're talking to people who actually use AI tech and getting straight answers about demand. That's gotta count for something! And yeah, it's pretty sweet that they're pumping big bucks into their chip fabrication facilities - it shows they really believe in this stuff 
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. I'm glad they're getting direct feedback from cloud providers, though. That's some good old-fashioned market research 
about a bubble bursting. C.C. Wei is like the ultimate optimist 
for AI, and honestly who can blame him? It's literally changing lives 
but TSMC's approach to talking to cloud providers is genius 
. Like they're not just relying on rumors or speculation, they're actually doing the research and validating demand 
and that's exactly what we need more of - confidence 
in tech that's gonna shape our future!
after all the drama and uncertainty 
and get excited about this AI megatrend taking over 
! It just goes to show that the demand for AI chips is real and people are actually using them in the cloud 
. It seems like they're just being cautious and trying to keep the market grounded 
. But TSMC's CEO is right on point with his approach - he's talking to the actual customers and seeing how their needs are changing 
"Transcendence" anyone? 
They were so cheesy and overhyped, but now look at how far we've come! 
But seriously, 30% revenue growth? That's like, whoa! 
And now we're dealing with AI chips and cloud providers thinking they can make a killing off 'em 
but I'm not convinced 
. TSMC's getting a good chunk of change from these companies and they're not afraid to spend big on it 
so I think we should give 'em some credit for being bold 
and if he said this was gonna be the future, I'd believe him too 
so yeah, i think they're onto something 
. 30% revenue growth next year? yeah please