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Caixin Global
Caixin Global

Business Brief (Sept. 3): TSMC Ramps Up Equipment Procurement to Meet AI Demand

TSMC China

Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) has raised its quarterly equipment procurement estimates to about 1.9 times the forecast made last December.

This is the latest sign that robust demand from AI developers and massive global data center expansions are driving up chip requirements.

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