TAIPEI -- Taiwan Semiconductor Manufacturing Co. will invest 90 billion New Taiwan dollars ($2.87 billion) to build a plant in western Taiwan that handles advanced packaging of high-performance semiconductors necessary for generative artificial intelligence.
A TSMC spokesperson made the announcement on Tuesday after a report in the Commercial Times, a major Taiwanese economic newspaper. The semiconductor giant is in the process of acquiring land for the plant at an industrial park in Miaoli county. About 1,500 new jobs are expected.
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