00:00The government here has confirmed that chip giant TSMC can begin construction of its newest plants
00:05in central Taiwan. The Central Taiwan Science Park says TSMC can begin laying the foundation
00:11for four new plants in early November. The facilities will produce chips using the
00:16semiconductor giant's latest 1.4 nanometer process. Mass production is expected in late
00:222028 and the company estimates initial revenues at over 160 billion U.S. dollars. The site is
00:29expected to be the world's largest AI chip hub with a 46 billion U.S. dollar initial investment.
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