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Taiwan gives TSMC green light for most advanced chip plant

Environmental approval could help chip giant stay ahead of Intel

TSMC, the world's leading chipmaker, is expanding its overseas manufacturing capacity in places like China, Germany, Japan and the U.S. but keeping its most advanced new plant onshore in Taiwan.    © AFP/Jiji

TAIPEI -- Taiwan Semiconductor Manufacturing Co. has received final approval to build its most advanced chip plant yet, a day after U.S. rival Intel said it planned to seize chip industry leadership.

TSMC plans to build a 2-nanometer chip facility in Hsinchu, one of Taiwan's most important chipmaking centers.

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