tsmc set for historic board meeting in the us
San Jose, Friday, 7 February 2025.
tsmc will hold its first board meeting in the United States on February 11, 2025. This milestone event will address senior management promotions and key strategic plans. The meeting highlights tsmc’s growing global influence and strategic focus on the US market. These developments could impact the company’s stock valuation. As tsmc navigates an evolving semiconductor landscape, this meeting signifies its commitment to expanding its footprint and adjusting to new market dynamics.
Strategic management changes
A key focus of the historic meeting will be the expected promotion of Vice President Y.L. Wang to Senior Vice President, recognizing his contributions to TSMC’s US expansion efforts [1][2]. The company’s board meeting will review progress at the Arizona manufacturing site, marking a significant shift in TSMC’s global operations [1][2]. The semiconductor giant’s stock currently trades at $210.50 on the NYSE, with a market capitalization of $1.09 trillion [4].
Market performance and expansion
TSMC’s strategic moves come amid robust industry growth, with the global foundry market posting a 22% increase in 2024 [1]. The company plans to boost its 2nm production capabilities and enhance advanced packaging capacities in 2025 [1]. Notably, TSMC has initiated a five-year CoWoS expansion plan to support Nvidia’s AI dominance [1], demonstrating its commitment to maintaining market leadership [GPT].
Challenges and pricing strategy
The company faces significant challenges, including potential impacts from proposed US tariffs on Taiwan-manufactured chips [1]. In response to market conditions, TSMC is reportedly considering raising prices for advanced process nodes by more than 15%, up from the initial projection of 5-10% [7]. This pricing strategy reflects the company’s position as a critical player in the global semiconductor supply chain [GPT].