EconomicTaiwan·Unpinned18 Oct 2026
TSMC Plans Up to $64 Billion in Capital Expenditure for 2024
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Taiwan Semiconductor Manufacturing (TSMC) announced plans to invest $60 billion to $64 billion in capital expenditure for 2024 to expand its factory capacity and equipment. This decision was driven by significant demand for chips, particularly from the emerging market for autonomous agentic AI, with CEO C.C. Wei noting a substantial gap between current…
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