00:00TSMC says it will start building its most advanced semiconductor fab yet by the end of the year.
00:06The factory in central Taiwan's Taichung will produce chips more advanced
00:10than those made with the current 2-nanometer process by around 2028.
00:16The announcement comes as TSMC says they also plan to start building eight other new factories this year,
00:22including five in the southern city of Kaohsiung.
00:24The announcement marks a significant increase in production capacity
00:28with an average of five new factories built each year between 2021 and 2024.
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