One isn't enough! TSMC (TSM.US) affiliate plans to build another wafer fab in Singapore, as AI "chip shortage" drives Asian expansion.

Zhitong Finance APP has learned that VisionPower Semiconductor Manufacturing Co. (VSMC), a joint venture between TSMC's (TSM.US) smaller affiliate Vanguard International Semiconductor and Netherlands-based NXP Semiconductors (NXPI.US), is considering building a second wafer fab in Singapore to meet continuously growing demand.