HSINGCHU, Taiwan -- Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker by revenue, is planning to spend more than $20 billion to build the world's most advanced 3-nanometer chip facility in Taiwan in the early 2020s, according to a senior company executive.
It will be the largest investment the Taiwanese chipmaker has ever made and highlights TSMC's relentless efforts to stay ahead of competitors including South Korea's Samsung Electronics and U.S. tech group Intel.
