The new 14 nanometer processor, codenamed Broadwell, allows for computers that are less than 9 millimeters thick, about a third the thickness of PCs from 2010.
ATIC says it will invest the money over the next to years, which will aid the factory's expansion to produce 20- and 14-nanometer nodes.
The semiconductor giant during its earnings call reveals the delay of its 14-nanometer chip due to a defect issue but says the problem is fixed.
TSMC may still have to compete with Samsung for processor orders from Apple, according to a report.
After pledging to invest $5 billion on its Fab 42 high-tech manufacturing plant, the chip maker puts the project on hold.
Apple's next-gen iPhone chip will get "taped out" this month in preparation for pilot production this summer, says an Asia-based report.
Responding to an analyst's question, Intel CEO waxes eloquent about the advantage of Intel's manufacturing technology compared with Apple's.
Chip giant shows off its hybrid mobile PC chops by tapping its next-generation "Broadwell" processor at a Computex keynote. Other highlights include new gaming Core series chips and a tiny quad-core SoFIA processor with LTE.
If you're waiting for a redesigned Mac or Windows 8.1 device with Intel's latest and greatest silicon, chances are you will have to wait until 2015 to got to a store and pick one up.
Apple will divvy up chipmaking between Samsung and TSMC, according to an Asia-based report.