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.

Topics:  technology   
RELATED ARTICLES
    BING NEWS:
    • TSMC Arizona to Receive Up to $6.6B in CHIPS Funding
      The U.S. Department of Commerce has awarded TSMC Arizona Corporation, a subsidiary of Taiwan Semiconductor Manufacturing Company Limited, up to $6.6 billion in direct funding under the CHIPS ...
      11/20/2024 - 3:44 am | View Link
    • Biden locks in $6.6B for TSMC chip factories, ensuring Trump can’t rescind CHIPS Act deal
      The Biden administration has finalized a $6.6 billion award for the Taiwan semiconductor giant that is building massive factories in Phoenix, amid concerns President-elect Donald Trump will derail sub ...
      11/18/2024 - 1:51 am | View Link
    • US finalizes $6.6 billion chips award for TSMC ahead of Trump return
      The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona.
      11/15/2024 - 2:35 am | View Link
    • Nvidia and TSMC Gain Market Value in October Amid AI Chip Demand
      Nvidia and TSMC saw significant gains in market value in October, driven by sustained demand for artificial intelligence (AI) chips. Nvidia’s market cap surged 9.3% to $3.26 trillion, propelled by its ...
      11/4/2024 - 3:00 pm | View Link
    • TSMC’s Arizona chip plant outperforms Taiwan’s, boosting US drive
      Taiwan Semiconductor Manufacturing Company (TSMC) has achieved early production yields at its first plant in Arizona that ... The share of chips manufactured at TSMC’s facility in Phoenix ...
      10/25/2024 - 12:15 am | View Link
    • More

     

    Welcome to Wopular!

    Welcome to Wopular

    Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

    Senh Duong (Founder)
    Wopular, MWB, RottenTomatoes

    Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

    MoviesWithButter : Our Sister Site

    More Technology News