Technology
TSMC Boosts Chip Manufacturing Budget by $10 Billion for 2021 – PCMag AU
News of the massive spending increase comes as Intel considers outsourcing its processor production to TSMC.
(Photo by STR/AFP via Getty Images)
TSMC, the chip manufacturer for Apple and AMD, plans on spending a record amount to bolster processor production in 2021.
The Taiwanese semiconductor provider expects to spend between $25 billion and $28 billion on capital expenditures this year, up from the $17.2 billion it invested in 2020.
The increase is stunning since TSMC used to budget only around $11 billion annually on capital expenditures between 2015 and 2019. However, the companys manufacturing is…
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