Chips are down for consumers with TSMC set to hike prices

Taiwan Semiconductor Manufacturing Co (TSMC) plans to increase the price of chips in the coming months, according to a media report.
The firm will raise prices by between 10% and 20%, the bigger rise applying to less advanced chips, the Wall Street Journal reported, citing unnamed sources familiar with the situation. The increases will come at the back end of this year or the start of next, they said. The paper was unable to obtain a comment on prices from TSMC itself.
The news, should it prove