Apple Silicon manufacturer TSMC is reportedly in talks to build a major new fabrication facility in Asia, as part of measures to address the global chip shortage.

46999 91567 AI ImageAs its new $12 billion plant in Arizona is delayed, TSMC is said to be having preliminary talks with Singapore’s Economic Development Board about building a new facility there.According to the Wall Street Journal, no decision has been made yet, but TSMC is negotiating for the local government to help fund the project. Reportedly, multiple governments have been attempting to attract processor manufacturers, specifically to reduce global reliance on Taiwan and China.

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