With TSMC leading the marketplace, the company will invest about $100 billion into broadening its production over the next 2 years. And hopefully, the tech giant will have the ability to meet its consumers high need for chips. The semiconductor maker has currently invested about $12 billion into its new facility in Arizona while it continues to improve and expand its operations in China.

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The most recent financial report reads $13.3 billion in sales, which is a hefty 20% jump compared to the same quarter last year. The companys CEO, however, alerts that the chip shortage will continue throughout the entire year, though automobile producers will feel the pressure being slowly launched.

TSMC is accountable for about 28% of the worlds chip production and its portfolio of hardware ranges from consoles and smartphones to Automobiles and pcs. In spite of the ongoing chip scarcity the company manages to report an outstanding growth year-over-year.