Taiwan Semiconductor Manufacturing Co (TSM), a leading chip manufacturer, is grappling with a severe workforce shortage despite record sales fueled by AI chip demand. The global chip industry faces a growing need for skilled engineers and technicians, with a projected shortage of up to 146,000 workers in the U.S. by 2029. Geopolitical tensions, demographic challenges, and declining student enrollment in higher education contribute to this crisis. While the stock has experienced significant growth in the past year, analysts believe it has further upside potential.