Tiger Brokers

Market Chatter: Taiwan Semiconductor Planning $100 Billion Additional Investment to Increase US Chipmaking Capacity

MT Newswires Live
Jul 16

Taiwan Semiconductor Manufacturing (TSM) earmarked an additional $100 billion to increase its chipmaking capacity in the US, raising its total planned investment to $265 billion, Bloomberg reported Thursday, citing a US official.

The official told Bloomberg that the additional investment will be used to construct four chip plants that will increase the number of the company's US facilities to 10 fabrication plants and two packaging facilities.

Taiwan Semiconductor Manufacturing did not immediately respond to MT Newswires' request for a comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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