TSMC Affiliate VSMC Opens New Singapore Chip Plant, Plans Expansion Amid High AI Demand

VSMC, a joint venture involving a TSMC affiliate, has inaugurated its first advanced chipmaking facility in Singapore. The plant's capacity is already fully booked due to strong AI infrastructure demand, prompting consideration for a second facility. This expansion aims to boost production of power management and analog chips, and critical interposers for advanced AI chip packaging.