TSMC Boosts Capital Expenditure Budget on Strong Outlook
By Alan Patterson, EETimes (January 17, 2021)
TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC) has nearly doubled its capital expenditure budget for 2021 to as much as $28 billion on expectations of strong growth during the next few years.
In 2021, the world’s biggest chip foundry expects to invest between $25 billion and $28 billion in capex, compared with $17.2 billion last year. Out of this year’s budget, the company will allocate about 80% for its advanced process technologies, including 3nm, 5nm and 7nm. About 10% will go to advanced packaging and mask-making and the remaining 10%, for specialty technologies.
TSMC said the capital investment is aimed at higher growth opportunities underpinned by multi-year megatrends. Starting from 2021, high-performance computing (HPC) will become a new growth driver coming from big customers in a variety of market segments, according to the company. Another factor driving confidence is that 5nm demand is stronger than expected, TSMC said in a conference call with analysts on Thursday this week.
E-mail This Article | Printer-Friendly Page |
|
Related News
Breaking News
- Alphawave Semi announced today a refocussing of the Board of Directors after reaching the three-year milestone since the Company's IPO
- Synopsys and Samsung Electronics Collaborate to Achieve First Production Tapeout of Flagship Mobile CPU with Leading Performance on Samsung Foundry's GAA Process
- Worldwide Silicon Wafer Shipments Dip 5% in Q1 2024, SEMI Reports
- GOWIN's progress in global automotive market gathers momentum with award of ISO 26262 certification for its FPGA design environment
- PCI-SIG® Announces CopprLink™ Cable Specifications for PCIe® 5.0 and 6.0 Technology
Most Popular
- Silvaco Announces Launch of Initial Public Offering
- TSMC's A16 Process Moves Goalposts in Tech-Leadership Game
- Radiation-Tolerant PolarFire® SoC FPGAs Offer Low Power, Zero Configuration Upsets, RISC-V Architecture for Space Applications
- Synopsys Accelerates Next-Level Chip Innovation on TSMC Advanced Processes
- QuickLogic Releases Aurora 2.6 with Expanded Operating System Support and Up to 15% Faster Performance