Taiwan Semiconductor Manufacturing Co (TSMC) is constructing three new fabrication plants at the Chiayi Science Park Phase II site, according to reports from Liberty Times.

The new facilities are designed to integrate with the company’s existing regional and national infrastructure, supporting TSMC’s broader manufacturing roadmap.

The announcement underscores TSMC’s continued commitment to expanding its domestic production base.

By adding capacity in Chiayi, the foundry aims to diversify its geographic footprint within Taiwan while maintaining operational synergy with its other sites.

This move aligns with the company’s long-term strategy to secure supply chain resilience and meet growing global demand for advanced semiconductors.

Market sentiment toward TSMC remains positive, bolstered by recent analyst actions.