Taiwanese chipmaker raises full-year capex to $64bn, revenue growth forecast to 40%

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…

TSMC is investing an additional $100 billion in Arizona to expand advanced chip production, strengthen US semiconductor manufacturing, and meet growing AI demand.

Stellar result comes as investors fret over sustainability of global buildout

Taiwan Semiconductor Manufacturing Company reported a record profit surge. This growth was fueled by strong demand for advanced artificial intelligence chips. The company's net…

Taiwanese chipmaker raises full-year capex to $64bn, revenue growth forecast to 40%