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00:02Taiwan Semiconductor Manufacturing Company is accelerating capacity expansion as rising AI
00:08demand from NVIDIA increases pressure on long-standing partners such as Apple,
00:12according to SCMP. NVIDIA CEO Jensen Huang said the company needs large wafer volumes this year
00:18and could require Taiwan Semiconductor to more than double-chip production capacity over the
00:23next decade. NVIDIA has become Taiwan Semiconductor's largest customer and was an early
00:28adopter of its A16 process node. Taiwan Semiconductor said capital spending could rise as much as 37%
00:35this year to $56 billion, with further growth planned in 2028 and 2029. Apple is reassessing
00:42its reliance on Taiwan Semiconductor and is evaluating alternative suppliers for some
00:47low-end processors, according to TechNode. For all things money, visit Benzinga.com.
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