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TSMC to spend US$100 billion over three years to grow chip capacity

Taiwan Semiconductor Manufacturing Co already planned a record capital expenditure of as much as US$28 billion this year, but recent trends and developments have pushed for even more capacity.

US rival Intel Corp in March announced plans to directly compete with TSMC for the business of manufacturing chips for other companies, with a US$20 billion investment in two new factories in Arizona. South Korea’s Samsung Electronics Co is also spending in excess of US$100 billion over a decade to expand its semiconductor business.


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