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Xiaomi will launch its self-developed XringO1 mobile chip later this month, which was manufactured by Taiwan Semiconductor Manufacturing Co. (TSMC) utilizing its advanced 3-nanometer technology.

GlobalWafers has opened a $3.5 billion wafer plant in Texas, the first advanced 300mm silicon facility in the U.S. in over 20 years, with plans for a $4 billion investment.

Taiwan Semiconductor Manufacturing Co. (2330) is a major client of Applied Materials, which reported adjusted earnings of $2.39 per share, but its weak forecast led to a stock price drop.

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About TAIWAN SEMICONDUCTOR MANUFACTURING

Taiwan Semiconductor Manufacturing Co., Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products, information applications, wired and wireless communications systems products, and automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan.