Taiwan chip output to hit record $165bn on AI demand

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20241107N taiwan semiconductor TSIA chairman

Cliff Hou, deputy co-chief operating officer at TSMC, speaks at a Nov. 7 meeting of the Taiwan Semiconductor Industry Association, which he chairs. (Photo by Hideaki Ryugen)

HIDEAKI RYUGEN, Nikkei staff writer

HSINCHU, Taiwan -- Taiwan's semiconductor production is on track for a 22% increase this year to a record 5.3 trillion New Taiwan dollars ($165 billion), an industry association said Thursday.

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