Taiwan Semiconductor Plans Major Global Expansion, Sets Record $38 Billion Investment Target

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Industry insiders told Economic Daily News this surge in capital spending is a direct response to the growing demand for advanced semiconductor manufacturing processes, including the ramp-up of 2-nanometer technology.

The contract chipmaker’s substantial capital investment will likely climb to unparalleled levels in 2025, with legal forecasts suggesting expenditures could range from $34 billion to $38 billion, pushing the company’s capital outlay to record highs.

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesGermanyJapanTaiwan

Topics: TSM Benzinga Briefs Stories That Matter Regulations Government AI Generated Media US8740391003 Top Stories Tech News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 11:22:45 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23656491

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Official Website: benzinga.com

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