Tag: $TSMC

TSMC to invest $2.9 billion in advanced chip packaging plant in Taiwan

TSMC plans to invest almost $90 billion New Taiwan dollars (about $2.87 billion) in an advanced chip packaging plant in Taiwan to capitalize on the artificial intelligence boom.

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TSMC reports first profit drop in 4 years as electronics demand slump continues

TSMC reported revenue slipped 10% from a year ago to NT$480.84 billion, while net income fell 23.3% from a year ago to NT$181.8 billion.