The CEO of global semiconductor foundry leader Taiwan Semiconductor Manufacturing (TSM.US) stated on Thursday that the company remains confident about its growth prospects for the coming years, fueled by robust demand for computing power and advanced chips driven by the artificial intelligence boom.

Speaking at the annual shareholder meeting in Hsinchu City, northern Taiwan, CEO C.C. Wei noted that while the company continues to monitor the impact of rising component costs, clients maintain an optimistic outlook on AI's development.

"We continue to see increasing adoption of AI models in consumer applications, enterprise applications, and sovereign AI," Wei stated.

"This trend is driving demand for more powerful computing capabilities, which in turn supports strong demand for advanced semiconductor chips."

He added that TSMC is working at full capacity to meet all customer demands, but fulfilling the needs of US clients solely through US-based production capacity would still require "a very long time," though he did not provide a specific timeline.

Wei highlighted the company's strong performance over the past year. According to its latest earnings report released on April 16, TSMC's first-quarter revenue reached NT$1.13 trillion (approximately US$35.9 billion), a year-on-year increase of 35.1%. Net profit was NT$572.5 billion, up 58.3% year-on-year, setting a new record high. The gross profit margin rose to 66.2%, significantly exceeding market expectations.

The company forecasts second-quarter revenue to be between US$39 billion and US$40.2 billion, with full-year revenue growth expected to exceed 30%.

"Employee bonuses increased by about 30% from 2023 to 2024, and from 2024 to 2025, they increased by another approximately 30%," Wei said.

"We are confident we can achieve another roughly 30% growth in 2026."

He further noted, "We believe this represents a quite favorable compensation package for our employees." He also stated there is no so-called cap on the annual 30% growth in employee bonuses, and they will continue to rise in the future.

Discussing future development, Wei said he believes autonomous vehicles will be one of the long-term growth drivers, and the company will actively work to ensure the success of the robotics industry.

This week, Taiwan has again become a focal point for the global tech industry as the annual Computex trade show is underway, bringing together leaders from some of the world's most influential technology companies.

Executives from tech giants including Nvidia (NVDA.US) and Intel (INTC.US) have praised the region's central role in the global supply chain.

In April, TSMC, a key supplier for Nvidia, raised its full-year revenue forecast and announced it would increase capital expenditure for this year to meet persistently strong demand for its products.

At the Computex event, Nvidia explicitly stated it has secured sufficient TSMC capacity to support its robust growth through 2027.

The company has successfully convinced TSMC and other suppliers that demand will remain strong. This signals a critical expectation: despite active supply chain expansion, market demand is highly likely to continue outpacing supply through 2027.