TSMC plans to produce advanced 3-nanometer chips at its second factory in Japan. Total investment in the joint venture, JASM, is expected to exceed $23 billion.
The expansion aims to meet surging global demand for advanced semiconductors, particularly for artificial intelligence applications. It is also part of TSMC’s strategy to diversify its manufacturing base and strengthen supply chain resilience.
TSMC plans to implement the investment and production in phases, depending on market demand and continued support from the Japanese government. The development advances Japan’s strategy to localize production of semiconductors for cutting-edge technologies.