Taiwan Semiconductor sets plans for $100 billion investment: reports

Dow Jones2021-04-01

MW Taiwan Semiconductor sets plans for $100 billion investment: reports

Taiwan Semiconductor Manufacturing Co. (2330.TW) plans to spend $100 billion over the next three years to expand capacity, the company said in statements given to Bloomberg News and Reuters, following local reports. The company said the capacity is needed for 5G and high-performance computing demand. The company's fabs have been running at over 100% over the past 12 months, the Bloomberg report said. Taiwan Semiconductor's clients include Apple $(AAPL)$ and Qualcomm $(QCOM)$.

-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com

$(END)$ Dow Jones Newswires

April 01, 2021 06:20 ET (10:20 GMT)

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Comments

bluefun
2021-04-07
bluefun
Gogogo TSM ?
KageL
2021-04-02
KageL
Gogo apple?
Rara08
2021-04-01
Rara08
Good news.
Agro
2021-04-01
Agro
Twst2
Agro
2021-04-01
Agro
Test

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