Taiwan's TSMC plans $100 billion investment to meet demand
Taipei (AFP) April 1, 2021
Taiwan Semiconductor Manufacturing Company said Thursday it was planning to invest $100 billion over the next three years to meet soaring demand as a global shortage of chips hits the auto and other industries. The announcement came after US chip titan Intel unveiled plans last week to spend $20 billion building two new plants in Arizona as part of a plan to boost production at home and in
