TSMC to Focus on AI Chips as it Expands European Operations

With more and more software companies and manufacturers adopting generative AI platforms in the past couple of years, it was only a matter of time before we saw the industry double-down on AI, and even leading chip-makers are now focusing their efforts on AI-capable hardware.

Take for example Taiwan Semiconductor Manufacturing Corporation (TSMC) – known for its work on Qualcomm’s Snapdragon-brand chips, it’s now reported that the company is planning more chip plants within Europe, according to new reports. Speaking to Bloomberg TV, Taiwan’s National Science and Technology Council Minister Wu Cheng-wen states that TSMC is planning to expand its operations for AI chips.

They have started construction of the first fab in Dresden, they are already planning the next few fabs in the future for different market sectors as well.

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He adds that special focus will be given to the AI market segment, and this will include chips for US-based companies such as Nvidia and Advanced Micro Devices (AMD). Earlier on, TSMC pledged more than $65 billion towards the creation of three plants in Arizona.

Source: SCMP