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    TSMC to invest additional USD 100 billion in Arizona for advanced chip manufacturing: Report

    Binu Mathew
    By Binu Mathew22 minutes ago

    Taipei [Taiwan], July 16 (ANI): Taiwan Semiconductor Manufacturing Company (TSMC) will invest an additional USD 100 billion in Arizona as it plans to expand capacity to deliver advanced chips to the AI industry, Focus Taiwan reported.

    The announcement was made by its chairman C.C. Wei on Thursday as the company announced blockbuster second quarter earnings with net profit zooming more than 77 per cent.

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