Fresh reports from Taiwan suggest that the Taiwan Semiconductor Manufacturing Company (TSMC) is all set to grow its capital expenditure next year on the heels of strong demand for its 2-nanometer next generation semiconductor technology. TSMC holds a commanding market share in the contract chip fabrication market, which has jumped into the spotlight of global investing due to a surge in investor interest in artificial intelligence products. The Taiwanese sources suggest that TSMC's capital expenditure for 2024 could range between $32 billion to $36 billion to mark a 12.5% to 14.3% growth and mark the second highest amount in the […]
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