OpenAI Boss Sam Altman Seeks *Trillions* to Fund AI Chip Production
OpenAI CEO Sam Altman is pursuing a wildly ambitious plan that could require raising up to $7 trillion to reshape the global semiconductor industry and expand AI capabilities.
OpenAI CEO Sam Altman is pursuing a wildly ambitious plan that could require raising up to $7 trillion to reshape the global semiconductor industry and expand AI capabilities.
Taiwan Semiconductor Manufacturing Co. (TSMC) announced Thursday it will increase investments in its production capabilities by $100 billion over the next three years — and raise prices on its chips — to handle “a structural and fundamental increase in underlying demand driven by key long-term growth megatrends including 5G and high-performance computing.”
The Taiwan Semiconductor Manufacturing Co. (TSMC) has reportedly halted new orders from Chinese tech giant Huawei Technologies following the Trump administration’s move to further limit chip supplies to the Chinese company.
Taiwanese tech giant TSMC has unveiled plans to build a $12 billion factory in Arizona to produce high tech chips, announcing the move just days after President Donald Trump and chipmakers partnered in a drive to build more chip manufacturing in America.