Bits + chips
TSMC board passes NT$85 billion budget for capacity expansion
Nancy Cheng, Taipei; Willie Teng, DIGITIMES

The board of directors of Taiwan Semiconductor Manufacturing Company (TSMC) has approved a budget of NT$84.99 billion (US$2.89 billion) for capacity expansion purposes. The company's capex is projected to reach US$7.8 billion, of which 81% will be used...

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