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TSMC to Spend $100B to Boost Chip Capacity Amid Global Shortage

Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion over the next three years to increase capacity and support “the manufacturing and R&D of leading-edge and specialty technologies,” said CEO C.C. Wei on a Q1 earnings call Thursday. The world’s…

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largest pure-play chip foundry expects the increased capacity to “improve supply certainty for our customers and help strengthen confidence in global supply chains that rely on semiconductors,” he said.