TSMC plans further $100bn US investment to feed AI demand

Taiwanese chipmaker raises full-year capex to $64bn, revenue growth forecast to 40% Taiwan Semiconductor Manufacturing Co. has been one of the biggest winners from the AI investment boom. © Reuters TAIPEI — 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.

Read the full article at the source →