TSMC is building two new advanced packaging plants in Taiwan to boost AI chip output to $9.35B annually, with major implications for crypto mining and GPU

Located in southern Taiwan, the Chiayi Science Park is being developed as one of TSMC's major advanced chip-packaging hubs.

Taiwan broke ground on Phase II of the Chiayi Science Park, where TSMC will add advanced packaging fabs to a site already running two in mass production.

Analysts said demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre process technologies for AI chips, as well as for its advanced chip…