TSMC Unveils Record Spending to Fuel AI Chip Boom
Richard Saunders, Taipei Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) announced yesterday that it will allocate an unprecedented US$52 billion to US$56 billion in capital expenditure this year, aiming to expand its advanced chip production capacity to meet surging global demand for artificial intelligence (AI) applications. The planned investment marks a sharp increase of 27 to…