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AI News from ET - TSMC to expand 3nm chip production in Taiwan, US and Japan as AI demand surges

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TSMC is significantly boosting its 3-nanometer chip production worldwide. This expansion is driven by a surge in demand for artificial intelligence. New facilities are being built and upgraded in Taiwan, the United States, and Japan. This move aims to solidify TSMC's leading position in the crucial AI chip market. The company anticipates substantial sales growth in the coming years.

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