TSMC Approves $3bn Capex

TSMC’s board has passed a resolution to “approve appropriations of US$3,054.7 million for expansion of advanced capacity, conversion of certain logic capacity to specialty technologies, building and facility installation as well as capacity setup for advanced packaging and assembly, and fourth quarter 2014 R&D capital appropriations and sustaining capital appropriations.”

If this is new capex spend, which it looks like, then it will take TSMC’s capex to $13 billion this year ahead of the $11.5 billion being spent by Samsung and the $11 billion being spent by Intel.

TSMC is said to be booked out and there have been many reports that TSMC’s customers have been looking to rival foundries GloFo, SMIC, UMC and Samsung for wafers,

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  1. david manners
    August 15, 2014 15:20

    Not what real men call real, Stooriefit, a couple of billion these days doesn’t buy you even half a fab.

  2. Stooriefit
    August 15, 2014 12:01

    A couple of billion here, a couple of billion there, sooner or later you’re talking real money!

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