Chip maker TSMC to invest $2.8 bn in advanced packaging facility
TSMC plans to invest T$90 billion ($2.87 billion) in establishing an advanced packaging facility in northern Taiwan
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TSMC plans to invest T$90 billion ($2.87 billion) in establishing an advanced packaging facility in northern Taiwan
Nvidia Corp (NASDAQ: NVDA) stock is trading higher Tuesday.
Driven by a surge in demand for artificial intelligence, Taiwanese chip maker TSMC plans to invest nearly T$90 billion ($2.87 billion) in an advanced packaging facility in northern Taiwan, the company said on Tuesday. "To meet market needs, TSMC is planning to establish an advanced packaging fab in the Tongluo Science Park," the company said in a statement.
TAIPEI -- Taiwan Semiconductor Manufacturing Co. will invest 90 billion New Taiwan dollars ($2.87 billion) to build a plant in western Taiwa
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