Taiwanese chipmaker TSMC announced plans to invest $100B over the next three years to increase production capacity. The announcement comes amid a global semiconductor shortage and follows similar plans announced by Intel last month (which plans to invest $20B in manufacturing facilities).
Extra: TSMC is among the largest chipmakers in the world and counts Apple and Qualcomm as customers.
The New Paper
This story is from the April 2, 2021 edition of The New Paper. To receive TNP daily subscribe below.
By subscribing, you agree to our Terms of Service & Privacy Policy.
