TSMC is the top producer of the world's most advanced processors, including the chips found in the latest iPhones, iPads and Macs.
Taiwan Semiconductor Manufacturing Company plans to invest nearly $90 billion New Taiwan dollars (about $2.87 billion) in an advanced chip packaging plant in Taiwan, the company told CNBC on Tuesday.
The facility will be located in Tongluo Science Park in northern Taiwan, TSMC said, adding the investment is expected to create about 1,500 local jobs.
However, on the advanced packaging side, Wei said TSMC is experiencing "some very tight capacity."
The Central News Agency reported that TSMC's packaging production capacity "is in short supply" as Nvidia and AMD compete for capacity.
Persons:
TSMC, Wei, we're
Organizations:
Taiwan Semiconductor Manufacturing Company, CNBC, Central News Agency, Nvidia, AMD
Locations:
Taiwan