TSMC Considering Multibillion-Dollar Chip Plant in Singapore

Taiwan Semiconductor Manufacturing the world’s largest contract chip maker, is considering building a semiconductor factory in Singapore to help address a global supply shortage, according to people familiar with the matter.

A final decision hasn’t been made yet and details of the plan are still under discussion, but preliminary talks involve a major plant whose cost would run into the billions of dollars, one of the people said. The government in Singapore, a major chip-making hub, might help fund the plant and negotiations are under way with the government’s Economic Development Board, some of the people said.