TSMC earmarks $4 billion for advanced nodes

Posted on Thursday, May 16 2019 @ 13:37 CEST by Thomas De Maesschalck
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DigiTimes reports TSMC's board approved a $4 billion investment in the upgrading and expanding of advanced node process capacity.
The board of Taiwan Semiconductor Manufacturing Company (TSMC) has approved capital appropriations of US$3.98 billion for the purpose of upgrading and expanding capacity for advanced-node manufacturing, as well as the conversion of certain logic capacity to specialty technologies, and R&D capital investments and sustaining capital expenditures for third-quarter 2019.

TSMC's board also approved capital appropriation of approximately US$115.1 million for capitalized leased assets in the second half of 2019, according to the pure-play foundry.
TSMC's total capex for this year will remain unchanged at between $10 billion and $11 billion. About 80 percent of the firm's capex will be dedicated to 7nm, 5nm, and 3nm process technology.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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