Taiwan Semiconductor Manufacturing (TSM) to Break Ground on 4, 1.4-Nanometer Manufacturing Plants

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is one of the best AI stocks to buy, according to billionaire Stanley Druckenmiller. On July 18, Central Taiwan Science Park Administration Office Director-General Hsu Maw-shin confirmed that the company plans to start construction of four new 1.4-nanometer plants.

A close-up of a complex network of integrated circuits used in logic semiconductors.

The giant chip manufacturing company will use the plants to enhance the production of 2-nanometer semiconductor wafers by late 2028. Taiwan Semiconductor has already leased the land with the Central Taiwan Science Park, handing over the plot for the facilities.

The four plants in the Central Taiwan Science Park will come with four 1.4-nanometer wafer manufacturing facilities. The first plant is expected to be ready for risk assessment for wafer production in 2027 and commence mass production in 2028.

The proposed new manufacturing facilities in Taiwan come against the backdrop of TSMC revealing plans to launch its A-14 fabrication process in 2028. The company has also announced a $165 billion investment in the US as it looks to maintain its dominance in next-generation chip manufacturing.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is a crucial player in the AI landscape as the world’s largest contract chip manufacturer. It manufactures advanced processors for companies like Nvidia and Apple, making it essential for AI chip development.

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Disclosure: None. This article is originally published at Insider Monkey.