By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
24x7Report24x7Report
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
Search
© 2023 News.24x7report.com - All Rights Reserved.
Reading: Taiwan’s ASE says it is expanding capacity to support AI demand
Share
Aa
24x7Report24x7Report
Aa
Search
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
  • en English
    • en English
    • id Indonesian
    • ms Malay
    • es Spanish
Follow US
© 2023 News.24x7report.com - All Rights Reserved.
24x7Report > Blog > Finance > Taiwan’s ASE says it is expanding capacity to support AI demand
Finance

Taiwan’s ASE says it is expanding capacity to support AI demand

Last updated: 2026/06/25 at 10:56 AM
Share
2 Min Read
Taiwan's ASE says it is expanding capacity to support AI demand
SHARE

By Wen-Yee Lee

KAOHSIUNG, Taiwan, June 24 (Reuters) – Taiwan’s ASE Technology Holding, the world’s largest chip packaging and ‌testing provider, is expanding capacity to meet AI ‌demand, Chief Operating Officer Tien Wu said on Wednesday.

Here are some details:

• ​Wu said the holding company is adding 15 new sites this year, including six greenfield sites for ASE, seven greenfield sites for its unit Siliconware Precision Industries, and sites ‌acquired from Taiwan’s Innolux ⁠Corporation earlier this year.

• Wu reiterated that this year’s capital expenditure is budgeted at $8.5 billion ⁠and may exceed that amount.

• Wu said that the factory expansion is not just for the next two years, ​but for ​2029 and beyond to meet ​strong AI demand.

• The ‌company said it has been investing in the U.S., with two testing factories in California and two more factories planned.

• Regarding investment in Arizona at a particular customer’s request, Wu said the company has been evaluating plans but ‌needs to carefully consider what investments ​to make.

• Nvidia said last ​year it planned to ​build up to $500 billion worth of AI ‌server infrastructure in the United ​States with partners ​including ASE subsidiary Siliconware Precision Industries, but the subsidiary has yet to announce any investment plans. Siliconware Precision ​Industries (SPIL) is ‌a major packaging supplier for Nvidia’s AI chips.

See also  Rising Digital Nomad Trend Drives High Demand For Remote Work In The U.S

(Reporting by ​Wen-Yee Lee; Writing by Ben Blanchard; Editing by ​Kate Mayberry and Ronojoy Mazumdar)

You Might Also Like

The US and China Cannot Slow the AI Race, But They Can Make It Safer

Kalshi, Polymarket trading volumes on some products raises questions amid massive growth

AI, Robotics and the Coming Economic, Military, and Political Revolutions

Central Asia’s Energy Transition Depends on Water Security

Lowest 30-year rate since April

TAGGED: ASE, capacity, demand, expanding, Support, Taiwans

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Previous Article How The Indonesia Investment Authority Built Its Portfolio in 2023 MSCI Extends Review on Indonesia ‘Emerging Market’ Status Review
Next Article Obama Finds Trump's 'Obsession' With Him 'Strange' Obama Finds Trump’s ‘Obsession’ With Him ‘Strange’

Stay Connected

1.30M Followers Like
311 Followers Pin
766 Followers Follow

Latest News

5 Key Points for Plastic Surgery Consultations You Need
Beauty November 1, 2026
This Unheard-Of Cultural City In Germany Is Breaking Tourism Records Thanks To Stunning Medieval Sights, $4 Beer, And Fewer Crowds
This Unheard-Of Cultural City In Germany Is Breaking Tourism Records Thanks To Stunning Medieval Sights, $4 Beer, And Fewer Crowds
Travel November 1, 2026
PRP Injections for Hair Loss: Miracle or Myth?
Beauty October 31, 2026
TimeKettle LiveTalk AI Translation Earbuds Review – Mighty Gadget Blog Technology News and Reviews
Gadgets October 31, 2026
Why Man City’s complaints about the ‘Red Cartel’ ring hollow
Sports October 30, 2026
//

This is your World, Finance, Fitness, Fashion  Sports  website. We provide the latest breaking news straight from the News industry.

Quick Link

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Sitemap

Top Categories

  • Fashion
  • Finance
  • Fitness
  • Gadgets
  • Travel

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!


24x7Report24x7Report
Follow US

Copyright © 2025 Adways VC India Private Limited

Welcome Back!

Sign in to your account

Lost your password?