New Delhi, April 17 -- Taiwan Semiconductor Manufacturing Company (TSMC) has officially announced a massive global scale-up of its cutting-edge 3-nanometer (3nm) production capacity.

CEO CC Wei, on Thursday at an investor conference, described the need as "soaring global demand for artificial intelligence," Focus Taiwan reported.

The foundry giant is simultaneously upgrading facilities in Taiwan, the United States, and Japan to secure its dominance in the AI-driven chip market.

Wei said the world's largest contract chipmaker will accelerate 3nm investment as orders rise from AI, smartphones, automotive electronics, and the Internet of Things. TSMC expects 2026 sales to grow more than 30%.

In the Southern Taiwan Science Park, TSMC is b...