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Taiwan Semiconductor plans $31.28B investment to boost AI chip production amid growing demand.

Market News
17 May 2026
Lekha Gupta
View Source
Neutral
pluang ai news

Taiwan Semiconductor Manufacturing Co. announced a $31.28 billion capital expenditure plan to expand its advanced chip manufacturing capabilities. This move aims to meet rising global demand driven by artificial intelligence, 5G, and high-performance computing. The company expects the AI market to grow the semiconductor industry to $1.5 trillion by 2030. This investment will support new fabs and facility systems, positioning Taiwan Semiconductor as a key player in the AI-driven tech landscape.

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