Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is significantly expanding its presence in Japan by announcing the opening of a second chip fabrication plant.
This development substantially boosts Prime Minister Fumio Kishida’s efforts to enhance Japan’s domestic semiconductor production capabilities.
Previous reports indicated that Taiwan Semiconductor is eyeing a second Japanese plant in Kumamoto, potentially investing $13.5 billion.
TSMC’s expansion in Japan includes a $8.6 billion wafer factory and a $20 billion 3nm chip plant.
Toyota Motor Corp (NYSE:TM) has joined as a new investor in TSMC’s Japan Advanced Semiconductor Manufacturing, …
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