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TSMC will invest around $3 billion to increase its chip packaging capabilities

July 26, 2023
Source: techspot.com techspot.com
News Snapshot:
TL;DR: Despite the recently unveiled plans to gain a foothold in the United States and elsewhere in the world, TSMC is still investing a lot of money to keep developing its homeland production capacity. The Taiwanese company has just announced a new investment to increase its packaging capabilities, which are seemingly in high demand because of the recent AI boom. TSMC is planning to invest $90 billion Taiwanese dollars, or $2.87 billion, to build a new manufacturing plant in Tongluo Science Park, a location in northern Taiwan. The plant is expected to create 1,500 new "local" jobs, and it's already...
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China Tech Buzz Topics: AI | AMD | Business | CEO | Chinese | chip | chips | customer | education | equipment | expansion | GPU | investment | IT | language | machinery | manufacturing | news | Nvidia | package | performance | plant | Taiwan | technology | United States

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