SMC Announces $65 Billion AI Chip Factory Expansion to Meet Exploding Global Demand
TSMC has revealed plans for a massive $65 billion expansion of its advanced semiconductor fabs in Arizona and Taiwan, specifically to ramp up production of next-generation AI accelerators. The investment is driven by surging orders from NVIDIA, AMD, Broadcom, and Apple, with the new facilities expected to double high-bandwidth memory and CoWoS packaging capacity by late 2027, helping ease the current global AI chip shortage.
