Driven by a surge in demand for artificial intelligence, Taiwanese chip maker TSMC plans to invest nearly T$90 billion ($2.87 billion) in an advanced packaging facility in northern Taiwan, the company said on Tuesday. "To meet market needs, TSMC is planning to establish an advanced packaging fab in the Tongluo Science Park," the company said in a statement.
Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) shares are trading higher by 2.58% to $100.74 Tuesday morning following a report indicating the company will invest $2.9 billion on a chip packaging plant in Taiwan.
TSMC to Build $2 87 Billion Facility For Advanced Chip Packaging anandtech.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from anandtech.com Daily Mail and Mail on Sunday newspapers.
Driven by a surge in demand for artificial intelligence, Taiwanese chip maker TSMC (2330.TW) plans to invest nearly T$90 billion ($2.87 billion) in an…
TSMC to invest $2 9bn in Taiwanese advanced chip plant theiet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theiet.org Daily Mail and Mail on Sunday newspapers.