While Huang stopped short of committing to price rises, he said: “Inflation, yes, did cause [our] costs to increase.”
Earlier in the day, the company’s chairman and chief executive CC Wei told shareholders that he would “like” to raise prices, as its competitors have done.
TSMC’s shares have surged over the past year as demand for AI chips has accelerated, and Huang described a company under pressure to keep up.
“We’re doing everything we can, wherever we can, and however we can,” he said.
“The customers ask us to grow so much, but all we can do is try to grow as fast as possible. So far, still trying.”
There is pressure in the stock market too, as investors around the world grapple with questions about whether the huge spending wave on AI infrastructure can be sustained.
Tech shares in Asia tanked earlier this week following a similar sell-off in the US on Friday amid growing concerns about stretched valuations.
It came after an extraordinary period of gains across global chip and AI-related equities.
But Huang insists the AI boom is not a bubble about to burst.
“Our conviction in this AI megatrend is very strong. We talk to the customers and also the customers’ customers… who are mainly the hyper-scalers,” he said.
“These companies are financially very strong with a lot of financial resources, so we believe that they’re able to continue to invest.”
Additional reporting by Jaltson Akkanath Chummar