TSMC to Spend $100 Billion Over Three Years to Grow Capacity
- Aggressive expansion designed to capture rampaging chip demand
- Intel and Samsung also investing heavily in semiconductor fabs
Photographer: Maurice Tsai/Bloomberg
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Taiwan Semiconductor Manufacturing Co. plans to spend $100 billion over the next three years to expand its chip fabrication capacity, a staggering financial commitment to address booming demand for new technologies.
TSMC, the world’s leading manufacturer of advanced semiconductors, already planned a record capital expenditure of as much as $28 billion this year, but recent trends and developments have pushed for even more capacity. Now at the center of a global chip supply crunch, Taiwan’s biggest company has pledged to work with customers across industries to overcome a deluge of demand.