TSMC CEO C.C. Wei announced an average increase of over 30% in employee profit-sharing bonuses this year. Wei delivered the news during a company town hall meeting on Wednesday.

The announcement addresses online rumors that the company planned bonus cuts to fund production expansion. Record profitability driven by surging AI chip demand enabled the payout increase.

Wei attributed the strong financial performance to employee contributions. The bonus pool expansion reflects TSMC's record earnings and commitment to its workforce.