Subscribe to get Latest News Updates

Subscribe to get Latest News Updates

CWEB Inc.

Subscribe to get Latest News Updates

Subscribe to get Latest News Updates

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessTSMC Expands at Home: New 2nm Fab to Add 7,000 Jobs and...

TSMC Expands at Home: New 2nm Fab to Add 7,000 Jobs and Secure Taiwan’s Semiconductor Future

Add to Favorite
Added to Favorite


TSMC is reaffirming its commitment to Taiwan’s economy with the launch of a new domestic fab in Kaohsiung. The facility, which will produce its cutting-edge 2 nanometre chips, is set to create 7,000 high-tech jobs—a move aimed at bolstering Taiwan’s semiconductor leadership even as the company makes a historic $100 billion investment in the U.S.
Strengthening Home Base Amid Global Expansion
At a ceremony broadcast on local television, TSMC executive vice president and co-chief operating officer Y.P. Chyn underscored the importance of maintaining robust production on the island. He stressed that despite its expansive U.S. investments, TSMC will continue to grow its domestic footprint. This assurance comes amid concerns that aggressive foreign investments could dilute TSMC’s role in Taiwan—an issue that resonates deeply given the company’s status as the “sacred mountain protecting the country.”
Key Highlights

New 2nm Fab:The state-of-the-art facility is scheduled to begin volume production of 2nm wafers in the second half of this year. This technological leap is vital for meeting the advanced chip demand from global customers.

Job Creation:The new fab is expected to generate 7,000 tech jobs, reinforcing Taiwan’s position as a critical hub for semiconductor innovation.

Balanced Investment Strategy:While TSMC recently announced a $100 billion investment plan in the United States, both the company and the Taiwanese government have reiterated that a significant portion of production will remain on home soil. “We’ll continue to look for space to expand investments in Taiwan,” Chyn said, reflecting the company’s dual focus on global reach and domestic strength.

Securing the Future of Semiconductors
TSMC’s decision to further invest in Taiwan is more than a strategic business move—it’s a commitment to safeguarding the nation’s economic future. As the dominant producer of advanced semiconductors, TSMC plays a pivotal role not only in global tech supply chains but also in the economic stability of Taiwan.
For investors seeking more insight into TSMC’s market standing and strategic growth, the Company Rating endpoint offers detailed information on the company’s performance and outlook.
Looking Ahead
As TSMC continues to expand its domestic capacity, the move is expected to secure Taiwan’s semiconductor industry against global uncertainties. With advanced 2nm technology set to power next-generation devices, and a renewed commitment to home-based production, TSMC is positioning itself for long-term leadership in an increasingly competitive market.
 

Subscribe to get Latest News Updates

Latest News

You may like more
more

Lamb Weston Holdings, Inc. (NYSE:LW) Faces Financial Challenges Amid Market Pressures

The consensus price target for Lamb Weston Holdings, Inc....

Adverum Biotechnologies, Inc. (NASDAQ:ADVM) Faces Scrutiny Amid Insider Confidence

Leonard Braden Michael, a significant shareholder, purchased 15,209 shares,...

UniFirst Corporation (NYSE: UNF) Earnings Overview

UniFirst Corporation (NYSE: UNF) reported an EPS of $1.32,...

Nanobiotix’s Financial and Developmental Update: A Glimpse into the Future

Earnings per share (EPS) of -$0.58, aligning with estimates,...