TSMC manufactures chips that go into most pieces of modern electronics, from Apple Inc.'s iPhones to smart televisions and connected cars, making it a linchpin of the global supply chain. With economies starting to emerge from the coronavirus pandemic, silicon demand has vastly outstripped supply in recent months, forcing automakers to idle plants for up to weeks at a time and fueling a shortage of popular consumer products like game consoles. What Bloomberg Intelligence Says Taiwan Semiconductor Manufacturing Co.'s 1Q sales may jump 18% year-over-year and exceed its NT$360 billion target amid automotive chip supply shortages and continued strength in chip orders for PCs and servers from customers such as AMD.