Thursday, August 26th 2021
TSMC Raises Chip Prices by Up To 20 Percent as Chip Shortages Continue
The main supplier of advanced logic chips to the likes of Apple, Qualcomm, and AMD, among hundreds of other customers; TSMC, is reportedly planning to raise its prices by up to 20 percent, according to a report in The Wall Street Journal. The WSJ report talks about a roughly 10 percent increase in prices of logic chips built on the company's latest nodes (possibly N7 or newer); while prices of chips on older processes could rise by around 20 percent. This would have a direct impact on prices of not just PCs, but also smartphones and much of the ICT industry. The report, however, doesn't mention whether specific clients such as Apple and AMD would be affected by the new prices, as their large purchase volumes afford them bargaining power for their contracts. It will, however, wreak havoc with smaller clients that order based on demand, as well as companies planning future products.
Source:
Wall Street Journal
36 Comments on TSMC Raises Chip Prices by Up To 20 Percent as Chip Shortages Continue
Get a mortgage, use whatever means to buy what is in demand, sell at 300% price to desperate people. Rinse and repeat. That's how you get out of the middle class, not by becoming another corporate slave with below zero net worth thanks to student loans.
I'm not kidding. I went the university route, became a reasonably competent ASIC designer and watched in envy as my middle school educated neighbor was buying colorful stones for the price of dirt, framed them for a few pennies and sold them to new age fanatics at 999 euro/piece, with the biggest ones going for ten times the price. If money is what you want, education is not the answer.It might seem "not right" to most people, but that's slave morality. If a corporation could sell you the right to use your own lungs, they absolutely would, I can tell you that much.
don't apply to any financial advisor jobs, I assure you they won't hire you. ;p
just because a few get lucky on the idiocy of others, is no reason to bet your life on it. nothing wrong with staying the tried and true method of in-demand careers and not playing any gambling games like you are suggesting. my method is not a gamble, it is a promised great paying job that can change ones life for the better. many have gone the path you suggest with your friend and the rocks, in various forms, and have gotten burned and go bust. just because that one person you know did well, does not mean they all will. best stick what is solid ground.
I know a lot of very well educated people with steady jobs, that's the environment I grew up in. Most of them are miserable and swimming in debt. Vast majority of people I ever met who achieved financial success got to that point by taking huge risks and being cunning - or having rich parents. Some died in the process, some ended up under the bridge, that's true. But you know what they say, big rewards require big risks. If stable mediocrity is the goal than you are absolutely right, sticking to the solid ground is the way to go.
Keep in mind Mean wage means there are many who make more - and many who make less.
Also these are 2020 numbers. I have to think these are a solid +10% now.
Honestly for someone willing to sweat and do physical labor, this is better than being a software engineer. And school will likely cost you more like 15K, not 50k-100K, plus you start making $ two or more years earlier.
I'm a lead software engineer so I know quite a bit about income in that field. Avg first year salary for a BSCS is ~61K right now, that electrician will be a journeyman making 50-60K base + 10K avg overtime by then. Software engineers are mostly salary unless contract - so no OT pay, but you work the hours. Many software engineers never get past Engineer 2, where they make around 80K. A master electrician can easily break 100K with their overtime - and break it by a lot if they are say in the top 25% of master electricians. A top field Lead software engineer averages about 120K. These #'s are not really that far apart when you factor in high tax bracket such an income brings.
Location matters for all jobs including software engineers and electricians, if you're in San Fran CA you'll make 50% more but your cost of living factor is 100% higher than average so you'll still be poorer.