TSMC will raise capital investments to $30-31 billion this year due to global chip shortage

by RPRNA Group

The US government plans to hold talks with chip and auto companies on the 12th local time to discuss global chip shortages. Samsung Electronics and TSMC are on the list.

TSMC will raise capital expenditures this year to US$30-31 billion that will be officially declared on the 15th due to the steep rise in the pressure of production capacity shortage.

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TSMC declared capital expenditures of 25 to 28 billion U.S. dollars at the beginning of this year. However, in order to solve the increasingly serious problem of capacity constraints, it also announced that it will invest 100 billion U.S. dollars in large-scale production expansion in the next three years.

China declared an increase in capital expenditure this year to US$30-31 billion, with an upward revision rate of 10-20%. Additionally, TSMC will accelerate the development and mass production of advanced processes such as 3nm and 2nm.

Among them, the construction of the fourth to sixth phases of the Fab 18 plant for 3nm is accelerating. It is expected to start installation in the first half of next year and mass production in the second half of next year. The new 2nm fab in Baoshan, Hsinchu, will start construction next year.

(Via)

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