With the help of some 2,000 employees, the fab is set to make more advanced chips than originally planned. It will produce 4-nanometer chips, at a rate of 20,000 wafers per month, TSMC said.
Wafers cost upwards of $18,000, according to a Morgan Stanley report. They've continued to rise in price, taking TSMC's stock value with it over the past couple years.
"We've seen TSMC be able to kind of name its price, and everyone's going to pay it because right now it's the dependability and the quality that is needed," said Daniel Newman, CEO of The Futurum Group.