Tim Culpan, Columnist

Bitcoin Be Damned. Cash Is TSMC's Future

Flat spending and rising revenue mean one thing: more money for dividends.

January 19, 2018 at 4:59 AM UTC

Tim Culpan is a former Bloomberg Opinion columnist covering technology in Asia. Previously, he was a technology reporter for Bloomberg News.

1516337160_GettyImages-73979043 — Photographer: Sam Yeh/Getty Images

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If you're hung up on the potential upside (or pitfalls) of Bitcoin mining for Taiwan Semiconductor Manufacturing Co., then you may be missing an even bigger story.

Cash.