台积电法说会魏哲家称AI加速器需求持续大幅超过供给、增长或超长期预测，并给出2030年导入High-NA EUV路线图

TSMC chairman and CEO C.C. Wei said on October 15 that the chipmaker sees no ceiling on its profitability as demand for AI accelerators continues to outpace supply. Wei also said AI-related growth could exceed the company's long-term forecast and outlined plans to adopt high-numerical-aperture extreme ultraviolet (High-NA EUV) lithography in 2030.

Speaking during TSMC's third-quarter earnings call, Wei said the company had previously projected a compound annual growth rate (CAGR) in the mid- to high-50s for AI accelerator revenue from 2024 to 2029. Demand remains exceptionally strong, with no signs of slowing, and actual growth could exceed that forecast.
AI demand continues to outpace supply
Despite surging AI demand, TSMC is maintaining a disciplined approach to capacity planning. Wei said the company evaluates cloud service providers' (CSPs) capital spending, data center construction progress, financing conditions, power availability, and the supply of other components before determining its capacity requirements and capex.
TSMC has also sent teams to the US to assess data center construction and power supply conditions firsthand.
Based on its current assessment, demand continues to exceed supply by a substantial margin, prompting TSMC to expand capacity to narrow the gap.
Asked whether wafer supply could become even tighter in 2027 than in 2026, Wei said customers continue to increase their demand, making it difficult to determine whether the supply-demand gap will widen or narrow.
TSMC plans High-NA EUV adoption in 2030
On advanced manufacturing technology, Wei said TSMC plans to adopt High-NA EUV lithography in 2030 as part of its efforts to improve long-term production efficiency.
He described High-NA EUV as an excellent technology and said TSMC's future capital spending would be substantially higher than current levels.
Asked whether TSMC could continue improving its gross margins and profitability, Wei said there was no ceiling on the company's profitability, although significant improvements could not happen overnight.
He reiterated that TSMC's long-standing strategy is to work closely with customers and help them succeed, allowing the chipmaker to create value and capture an appropriate share of that value.