TSMC budgets $25-28bn capex

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TSMC announced this morning that it is budgeting between $25 billion to $28 billion for capex this year, up from $17.2 billion in 2020. Around 80% of that amount will be allocated to 7nm, 5nm and 3nm processes with 10% going 3D chip-stacking and packaging tech. Most of it will be going to 3nm which is …

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