Taiwan’s TSMC to invest $2.9 billion in new plant as demand for AI chips soars
TSMC, the world’s largest chipmaker, says it plans to invest nearly 90 billion New Taiwan dollars ($2.9 billion) to build an advanced chip plant in Taiwan, as it expands production to meet booming demand for artificial intelligence (AI) products. Last week, CEO C.C. Wei told analysts the company plans to roughly double its capacity for […]
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