Tsmc will spend 6.7 billion dollars to increase its capacity
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TSMC's board of directors has committed to spending $ 6.74 billion to create new production facilities and to expand and expand its current manufacturing facilities.
TSMC will spend $ 6.7 billion to increase its manufacturing capacity
This spending will focus on increasing TSMC's production capabilities, focusing on the company's 7nm advanced process nodes and newer ones. Going forward, TSMC sees increased demand for its advanced manufacturing capabilities, especially in the smartphone and high-performance computing markets, so they prefer to get ahead of the facts before suffering from stock problems in chip manufacturing.
5G is expected to increase demand for smartphones in the coming years, which, combined with gains from AMD's market share, places high manufacturing demand on TSMC. TSMC doesn't want to leave money on the table with these companies, which means it needs to keep investing to keep up with the growth of today's tech giants.
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TSMC's 7nm manufacturing capability is expected to also be used to create both Microsoft's Xbox series and Sony's PlayStation 5 console. These systems will put TSMC's manufacturing capabilities to the test, especially as the 2020 holiday release dates approach. We'll keep you posted.
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