XSD - What's Going On With Taiwan Semi Stock On Tuesday? | Benzinga
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is significantly expanding its operations in response to growing demand in the AI, 5G, server, and data center markets.
The company remains engaged in its geographical expansion while maintaining Taiwan as its base.
Acter Group Co, a semiconductor equipment and chemicals supplier, is accelerating its overseas expansion, primarily focusing on Japan and Southeast Asia to support these demands.
The expansion is a strategic response to geopolitical risks and the need for diversified manufacturing sites, Taipei Times reports.
Also Read: What’s Going On With Taiwan Semi Stock On Monday?
Acter Group Co-President Wang Chun-sheng emphasized the company’s strategy to enhance its global footprint.
Acter’s significant clients include TSMC, United Microelectronics Co (NYSE:UMC), Intel Corp (NASDAQ:INTC), Nvidia Corp, and Alphabet Inc’s Google (NASDAQ:GOOG) (NASDAQ:GOOGL).
In addition to Asia, Acter is considering expansion ...