TSMC is Increasing Prices of Silicon Chips Used in Cars Around The World With the COVID-19 pandemic, the supply chain for many industries specifically the tech industry has been majorly affected rendering a shortage of many key components. One of the main parts of the global tech industry that has substantially suffered is the chipset industry. Due to lower production and ever-increasing demand, chipset prices are soaring. Many chipset makers have been raising the prices of smartphone CPUs. TSMC, the world’s leading contract manufacturer for chipsets, is planning on doing the same to its automotive chips unit in the wake of a global shortage of components.