Fjoddes.Net

News Site

TSMC invests in new capacity despite forecasts chip demand will ease

Fabrication plant

Enlarge / TSMC Fab 16. (credit: TSMC)

Taiwan Semiconductor Manufacturing Company plans to raise its capital expenditure by almost a third this year as the world’s largest contract chipmaker defies analyst warnings of softening demand for technology gadgets.

TSMC expects capital expenditure to reach $44 billion this year, a 32 percent increase from the $30 billion spent in 2021 and triple the amount in 2019, the company said on Thursday.

The push underscores the outsized role semiconductors are coming to play in goods far beyond classical electronics products, from cars to factory equipment. It also reflects TSMC’s dominance of global chip manufacturing.

Read 17 remaining paragraphs | Comments

This post has been read 50 times!

0 0 votes
Article Rating
Like
Like Love Haha Wow Sad Angry
guest
Not Optional
Optional
0 Comments
Inline Feedbacks
View all comments