Taipei: The Liberty Times reports that to address the rising demand in the AI sector, Taiwan Semiconductor Manufacturing Company (TSMC) is planning to establish three additional 2nm process fabrication plants in Taiwan. This strategic decision is positioned to bolster Taiwan’s standing in the global semiconductor industry and cater to the surging requirements of AI technologies.

According to Focus Taiwan, TSMC’s expansion reflects the growing necessity for advanced semiconductor capabilities as AI applications proliferate across multiple sectors. The move is anticipated to enhance TSMC’s production capacity and technological prowess, reinforcing Taiwan’s pivotal role in the semiconductor supply chain.

In other notable developments from Taiwan, the Taiwan dollar has depreciated against the US dollar for ten consecutive sessions, edging towards NT$31.5, as reported by the Economic Daily News. Meanwhile, the Commercial Times highlights that the Taiwan Stock Exchange (Taiex) has achieved four unexpected records ahead of the MSCI index weighting alterations.

The United Daily News covers international affairs, noting a new peace framework drafted by the U.S. and Ukraine concerning the Russia-Ukraine conflict. Meanwhile, the China Times reports on former U.S. President Trump’s acknowledgment of Taiwan’s significance to China. Additionally, the Taipei Times mentions Japan’s decision to deploy missiles on Yonaguni, underscoring regional security dynamics.