Taiwan-based chipmaker TSMC is building 24 new factories worldwide to meet the growing demand for chips in the AI sector. The company will expand its global production capacity by establishing these facilities in various regions such as the United States, Europe, Japan and China.
TSMC is building 24 new factories
TSMC plans to open a total of nine new facilities in 2025, eight for chip production and one for advanced packaging technologies. One of the company’s biggest challenges in manufacturing investments will be access to a qualified workforce.
High wages, especially in markets such as the US, significantly increase personnel costs for factory operations. In addition, the company is experiencing remarkable growth in the number of employees. The number of TSMC employees, which was 51 thousand in 2019, reached 83,825 by the end of 2024.
Another 1,300 new positions were opened in the first two months of 2025. The company aims to increase its number of employees to 90 thousand by the end of the year. The total number of employees is expected to exceed 100,000 by 2026.
TSMC’s aggressive growth drive was shaped by the increasing demand for artificial intelligence technologies on a global scale. The company aims to maintain its leadership in chip production with these investments.
So what do you think about this issue? Do you think TSMC will be able to reap the rewards of these huge investments in the coming period? You can easily share your views with us in the comments section below.
