The investment amount has increased significantly from 25 billion US dollars to 28 billion US dollars, TSMC (TSM) It is planned to spend on manufacturing advanced chips this year.
TSMC expects: “In order to keep up with demand, it will use this capital to increase production capacity to support manufacturing and manufacturing.” [research and development] Advanced semiconductor technology”, the company said in a statement sent to CNN Business.
The company has previously stated that in the next five years, industry “major trends”
; such as 5G and high-performance computing will drive strong demand for semiconductor technology. It added on Thursday that the Covid-19 pandemic “accelerated digitization in every way.”
TSMC shares rose more than 2% in Taipei on Thursday.
With global chip shortages hindering industries from automobiles to video games, global chip manufacturing giants are racing to expand chip manufacturing capabilities to meet strong demand. Last week, Intel (International Trade Centre) Announcing a plan to invest US$20 billion to build two new chip manufacturing plants in the United States. Intel’s move is aimed at re-establishing its position as the undisputed leader in the semiconductor industry.Delays in the production of next-generation chips have caused rivals TSMC and Samsung (SNLF) keep going.
TSMC said in January that it will spend 25 to 28 billion U.S. dollars this year, compared to 17 billion U.S. dollars in 2020. It added that about 80% of them Used in advanced processing technology.
Company is entering Huang Wende, vice president and chief financial officer of TSMC, said: “It is another period of high growth.” In the January earnings report.
-Clare Duffy contributed to this report.