TSMC will invest $ 100 billion to meet global chip demand

On April 1, Taiwan’s largest contract manufacturer TSMC announced plans to invest $ 100 billion over the next three years to increase capacity at its factories.

This notice is fine TSMC comes just days after Intel announced plans to spend $ 20 billion to expand its advanced chip manufacturing capacity. Previously, TSMC also planned to spend 25 billion to 28 billion USD in 2021 to develop and manufacture advanced chip products.

TSMC will invest $ 100 billion to meet the global demand for chips

The move comes as tech companies across the globe are struggling as the current shortage of semiconductors forces carmakers to cut production. In addition, the shortage of semiconductors is also hurting smartphone makers, laptop makers and technology equipment manufacturers amid rising demand due to the pandemic.

In a statement to Reuters, TSMC said: “We are entering a period of higher growth as the trend of 5G and high-performance computing is expected to drive strong demand for semiconductor technology. us for the next few years. In addition, the Covid-19 pandemic also accelerated the digitization process in all aspects ”.

TSMC as well as other technology companies globally have benefited from the trend of working and studying at home during the Covid-19 pandemic, as people flocked to buy laptops, tablets and other other electronic devices.

TSMC announced plans in May to build its own $ 12 billion plant in the US state of Arizona, in a clear victory for the administration of former US President Donald Trump, which is already pushing win over the global technology supply chain from China.

TSMC rival Intel said this month it will build two new factories on an existing campus in the state of Arizona to produce their own chips but also open to outside customers in the business model. called “foundries” in the semiconductor industry.

Phan Van Hoa(Reuters)

Chip scarcity can last up to 2022

Chip scarcity can last up to 2022

The current global chip shortage cannot be resolved overnight.


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