Major Apple supplier TSMC to invest $2.9 billion in advanced chip fabrication facility in Taiwan

MacDailyNews
Jul 25, 2023, 1:55 pm280 pts
Driven by a surge in demand for chips to power artificial intelligence, Taiwanese chip maker and major Apple supplier 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…

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