TSMC stock
On July 3, 2026, TSMC Chairman C.C. Wei confirmed that the company has entered preliminary discussions with the Singaporean government to establish a new 12--inch wafer fabrication facility. The proposed plant would focus on specialty technologies, specifically 28nm and 40nm nodes, to serve the growing automotive and industrial IoT markets. This potential expansion represents a strategic effort to diversify manufacturing geographically and mitigate concentration risks in Taiwan.