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Chip development is at a stalwart in the US, as TSMC claims likely delays are coming. A plan to ramp up the United States' chip development may soon be seeing a stalemate, as it was recently announced by the renowned foreign chip company, Taiwan Semiconductor Manufacturing Company (TSMC), that it is expecting delays.
TSMC soars 5% after projecting 2024 revenue growth of more than 20%
Opposition politicians have repeatedly criticised the government for allowing TSMC to build fabs overseas and "hollow out" the sector, and have said some investors believe Taiwan is a risky place to expand production given tensions with China.
TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, said on Thursday its revenues could grow by as much as 26% t
Taiwan's TSMC will formally open its new chipmaking foundry on Japan's Kyushu island on February 24, its chairman said Thursday, which is part of their plan to expand its global manufacturing footprint. "In today's fractured globalisation environment, our strategy is to expand our global manufacturing footprint to increase our customers' trust, expand our future growth potential, and reach for more global talents," Liu said.