TSMC’s average selling prices (ASPs) for its wafers have increased 15.9% annually from 2019 to 2025. Additionally, gross profit margins per wafer rose rapidly to 3.3x throughout 2025, according to SemiAnalysis. This increased margin reflects TSMC fully leveraging its market-leading position and broad ecosystem to command higher product pricing, which in turn drives downstream effects, including higher end-product pricing. The increases come after a decade during which TSMC earned minimal profit,…