TSMC Chairman Mark Liu to retire in 2024, CEO recommended as successor
Publishing timestamp: 2023-12-19 04:47:25
Summary
TSMC Chairman Mark Liu plans to retire in 2024, and Vice Chairman and CEO C.C. Wei has been recommended to succeed him, pending approval. TSMC is a top producer of advanced processors used in Apple products and other devices. TSMC currently manufactures 3-nanometer chips and plans to start mass production of 2-nanometer chips in 2025. In October, TSMC reported better-than-expected third-quarter profit, and they also approved an investment in Arm of up to $100 million.
Sentiment: NEUTRAL
Keywords: apple inc, business news, asia economy, technology, nvidia corp, arm holdings plc, breaking news: technology,