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NXP, Vanguard to invest US$7 8 billion in Singapore wafer plant

NXP Semiconductors and TSMC-backed Vanguard announced a US$7.8 billion joint venture to produce silicon wafers on Wednesday (Jun 5), joining other chipmakers setting up plants in Singapore to diversify their manufacturing base.

Semiconductor Tycoons Get Richer On Rising Demand For Complex Chips Needed For AI

Taiwan shares end at new high following TSMC s strong gains

Shares in Taiwan closed at a new high on Wednesday, soaring more than 300 points, as investors scrambled to pick up contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) and other artificial intelligence-related stocks, dealers said.

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