Main Apple chip partner TSMC had a great earnings report, where it was disclosed that can't make chips as fast as they're bought. As a result, it is increasing its manufacturing spend by almost 40%. TSMC's headquarters in Hsinchu, Taiwan The news comes after TMSC announced bumper quarterly results, which saw its profits increase by 35%. The company's strong performance is mostly thanks to the current AI boom, which has seen other chipmakers reap similar benefits. Both TSMC in an earnings report transcript and The Economic Times report that TSMC expects record revenue, thanks, in part, to its place at the forefront of chip technologies. Continue Reading on AppleInsider | Discuss on our Forums