TSMC plans to spend $100 billion on advanced chips amid shortage

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) announced plans to invest $100 billion in advanced chips over the next three years to combat the chip shortage. For comparison, the Asian tech giant only planned to spend $25 billion to $28 billion on advanced chips this year. TSMC spent $17 billion on manufacturing advanced chips last year. […]

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