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TSMC says to invest additional $16 billion in advanced chip factory

“TSMC, the world’s top contract chip maker, said on Friday it would invest an additional T$500 billion ($15.9 billion) in a central Taiwan factory making advanced chips,” Faith Hung and Michael Gold report for Reuters.

“No other details of the project were available,” Hung and Gold report. “TSMC supplies chips to Apple Inc.”

Full article here.

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