TSMC to invest up to $44 billion in 2022 to beef up chip production

From cars to data centers, robust demand for semiconductors will help keep TSMC growing, CEO says
From cars to data centers, robust demand for semiconductors will help keep TSMC growing, CEO says
TOKYO : Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip maker, said it would increase its investment to boost production capacity by up to 47% this year from a year earlier as demand continues to surge amid a global chip crunch.