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Benzinga
Benzinga
Business
Anusuya Lahiri

Taiwan Semiconductor Doubles Down On 2nm Chips As AI Frenzy Fuels Billion-Dollar Buildout

Tainan,,Taiwan-,September,30,,2021:,Taiwan,Semiconductor,Manufacturing,Company,(tsmc)

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is expanding its cutting-edge 2-nanometer facilities from seven to ten sites to meet the artificial intelligence frenzy.

The chipmaker informed government agencies, including the National Science and Technology Council (NSTC), that it will build three additional 2-nanometer fabs in Tainan’s Southern Science Park, complementing the existing 2nm production in Hsinchu (two fabs) and Kaohsiung (five fabs).

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