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World’s largest chipmaker TSMC to build a second factory in Japan


Chip giant Taiwan Semiconductor Manufacturing Company (TSMC) is upping its output in Japan as it continues to expand its global presence.

The world’s largest chipmaker will build a second semiconductor fabrication plant, or fab, in the country in “response to rising customer demand,” TSMC said in a statement Tuesday. TSMC, based in the Taiwanese city of Hsinchu, produces an estimated 90% of the world’s super-advanced semiconductors and supplies to global tech giants such as Apple ( AAPL) and Nvidia ( NVDA). The company has typically kept its most advanced manufacturing at home in Taiwan, but it has been expanding abroad in recent years due to commercial pressure and encouragement from a number of governments.

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