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TSMC to invest $100 billion in additional US chipmaking facilities to meet AI demand.

Nikkei Asia ·
TSM
TSMC to invest $100 billion in additional US chipmaking facilities to meet AI demand.
  • Taiwan Semiconductor Manufacturing Co. (TSMC) announced plans to invest an additional $100 billion in the United States to construct several new cutting-edge chipmaking facilities.
  • The investment includes the development of advanced packaging plants in Arizona, a critical component for AI chip production.
  • Following the AI investment boom, TSMC has raised its full-year capital expenditure to $64 billion and increased its revenue growth forecast to 40%.

Quotes

“Taiwan Semiconductor Manufacturing Co. on Thursday announced it will invest an additional $100 billion in the U.S. to build several more cutting-edge chipmaking facilities as well as advanced packaging plants in Arizona.”— Nikkei Asia

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