TSMC will up capital expenditure by $4B to meet rising demand for 7nm and 5nm chips

Just after reporting its Q3 2019 earnings, TSMC has announced it will increase capital expenditure for 2019 to $14B -- a $4B increase over previous projections for 2019. TSMC had previously anticipated a 2019 CapEx between $10B and $11B, while the company was also remaining conservative on the outlook for 5nm chips.





from TechSpot
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