TSMC to Launch $500 Million Venture Capital Fund Backing Chip Startups
2 day ago / Read about 0 minute
Author:小编   

Zhang Xiaoqiang, Senior Vice President and Deputy Co-Chief Operating Officer of TSMC, announced that the company plans to establish a $500 million venture capital fund aimed at supporting chip startups and broadening its investment reach. The new fund may also target suppliers and other upstream partners as TSMC seeks to extend its investment footprint beyond direct customers. According to Zhang, the time has come to formally institutionalize this investment mechanism. TSMC does not rule out further expanding the fund's scale if necessary.