TSMC to raise prices of chips - WSJ

Taiwan Semiconductor Manufacturing Co , the world's largest contract chip manufacturer, is raising prices by as much as 20%, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The company plans to increase the prices of its most advanced chips by about 10%, while less advanced chips used by customers like auto makers will cost about 20% more, according to the report.

TSMC did not immediately respond to a Reuters request for comment.