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Taiwan chip maker TSMC to invest $100B to grow capacity

Technology
Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. says it plans to invest $ 100 billion in the next three years in expanding its manufacturing capacity and supporting research and developmentByThe Associated PressApril 1, 2021, 9:41 AM• 2 min readTAIPEI, Taiwan -- Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. plans to invest $ 100 billion in the next three years in expanding its manufacturing capacity and supporting research and development, the company said Thursday.TSMC, the world’s biggest contract producer of semiconductors, said it anticipates faster growth thanks to long-term trends like the introduction of next-generation telecommunications and high-performance computing. The coronavirus pandemic, meanwhile is revving up demand for e...