Taiwan Semiconductor Manufacturing shares rallied Wednesday, after reports surfaced that the company planned to increase its prices for the chips it fabricates. American depositary receipts of Taiwan Semi ( ticker: TSM) advanced 5.2% to $118 in Wednesday afternoon trading. Taiwan Semi will raise prices for the most advanced chips it produces by 10% in 2022, and raise the price of the older chips it makes by 15% to 20%, according to several reports . The higher prices take effect in the first quarter of next year, as a global chip shortage has crippled the production of consumer goods ranging from...