TSMC Ready to Spend $20 Billion on its Most Advanced Chip Plant

  • The cost of keeping pace with Intel and Samsung is climbing
  • Apple’s main chipmaker says a Chinese threat remains distant
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It’s getting more expensive for Taiwan Semiconductor Manufacturing Co. to stay at the top of its game.

The biggest contract maker of chips is preparing to spend more than $20 billion on its next state-of-the-art plant as it’s built over the next few years: the price for staying ahead of Intel Corp. and Samsung Electronics Co. in cutting-edge semiconductor production, founder Morris Chang says.