TSMC to raise chip prices by up to 20%

The Taiwanese company TSMC will raise prices on silicon wafers, which are the backbone of chip manufacturing, according to Business Times.

The decision was taken at TSMC last week, according to the publication. The price increase will take effect in the first quarter of 2022.

The price of wafers used to manufacture 7-nm chips will rise by 10%, while wafers for more mature technologies such as 16-nm will be 15-20% higher.

Nikkei Asia, citing Taiwanese media, wrote that the company has already notified customers of the new pricing. For some, the price increase took effect immediately.

The price hike by TSMC will affect Bitmain, the largest maker of mining equipment. In the Antminer S19 line, the Chinese company uses specialized 7-nm chips supplied by TSMC.

The Taiwanese firm had not raised wafer prices for several years, unlike other manufacturers. Meanwhile, input costs continued to rise, and the pandemic weighed on semiconductor supply chains, Commercial Times noted.

As previously noted, miners such as MicroBT, Canaan, Ebang and Innosilicon use 8-nm chips from Samsung.

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