https://wccftech.com/tsmcs-chip-price-increase-might-let-it-beat-intel-believe-analysts/

The Taiwan SemiconductorMAnufcturing Company's (TSMC) purported decision to raise its price will enable the company to compete with Santa Clara, California chip giant Intel Corporation in terms of gross margin believe financial analysts. TSMC, which is the world's leading contract chipmaker, reportedly plans to raise the prices for its advanced and mature semiconductor manufacturing processes from the fourth quarter of this year, according to industry reports from Taiwan, a decision that will impact the entire sector. Now, investment bank HSBC and Hong Kong-based financial services firm Alethia Capital have shared their opinions about the price increase, and both express optimism about its ability to benefit TSMC in the future positively.

The two firms' reports, sourced by The United Daily News (UDN), reveal that both positively view the reported semiconductor manufacturing process price hike. HSBC estimates that a 15% average increase in TSMC's average selling price (ASP) carries with it the potential to drive the company's revenue upwards by at least 22% and improve its gross margins to stand at anywhere between 53% to 55%.