Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Market Chatter: Taiwan Semiconductor Manufacturing Affiliate Considers Second Singapore Chip Plant

Market Chatter: Taiwan Semiconductor Manufacturing Affiliate Considers Second Singapore Chip Plant

MT newswireMT newswire2026/09/28 07:49
03:49 AM EDT, 09/28/2026 (MT Newswires) -- Taiwan Semiconductor Manufacturing's (TSM) affiliate Vanguard International Semiconductor is considering a second chip plant in Singapore through its joint venture with NXP Semiconductors (NXPI) to meet growing demand, Bloomberg reported Monday. The joint venture, VisionPower Semiconductor Manufacturing, could use more advanced chipmaking technology at the new facility than at its first Singapore plant, Bloomberg reported, citing Vanguard Chairman Leuh Fang. Fang added it is too early to estimate the cost of the potential plant because the investment would depend on the technology selected. Taiwan Semiconductor Manufacturing, NXP Semiconductors did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey

The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.

智通财经•2026/11/10 03:21
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey

Is AI an engine or a killer? Morgan Stanley provides answers with data: productivity soars, but nearly 90% of the benefits are taken by 12 industries

Morgan Stanley stated that the productivity dividends from AI are concentrated in 12 highly exposed industries, with growth rates reaching twice the twenty-year average. For the first time, signs of job replacement have emerged.

智通财经•2026/11/10 02:32
Is AI an engine or a killer? Morgan Stanley provides answers with data: productivity soars, but nearly 90% of the benefits are taken by 12 industries