Skip to content
Subscriber Only

TSMC to Spend $100 Billion Over Three Years to Grow Capacity

  • Aggressive expansion designed to capture rampaging chip demand
  • Intel and Samsung also investing heavily in semiconductor fabs
relates to TSMC to Spend $100 Billion Over Three Years to Grow Capacity

Photographer: Maurice Tsai/Bloomberg

Updated on

Taiwan Semiconductor Manufacturing Co. plans to spend $100 billion over the next three years to expand its chip fabrication capacity, a staggering financial commitment to address booming demand for new technologies.

TSMC, the world’s leading manufacturer of advanced semiconductors, already planned a record capital expenditure of as much as $28 billion this year, but recent trends and developments have pushed for even more capacity. Now at the center of a global chip supply crunch, Taiwan’s biggest company has pledged to work with customers across industries to overcome a deluge of demand.