TSMC Affiliate Eyes Expansion as First Singapore Fab 'Sells Out'

VisionPower Semiconductor Manufacturing Company (VSMC), a joint venture between TSMC's affiliate VIS and NXP Semiconductors, has opened its first advanced chipmaking plant in Singapore. The facility's capacity is already "sold out" due to high demand for power management and analog chips, driven by the AI infrastructure boom, leading to plans for a second facility.