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BallQoo
2021-04-23

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Why Apple Chip Supplier TSMC's Board Approved $2.8B Spending

Taiwan Semiconductor Mfg. Co. Ltd.TSM 1.88%, a foundry that supplies chips to the likes ofApple IncA

Why Apple Chip Supplier TSMC's Board Approved $2.8B Spending

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[财迷] [愤怒]","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/376773636","repostId":1148495591,"repostType":4,"repost":{"id":"1148495591","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1619152161,"share":"https://www.laohu8.com/m/news/1148495591?lang=&edition=full","pubTime":"2021-04-23 12:29","market":"us","language":"en","title":"Why Apple Chip Supplier TSMC's Board Approved $2.8B Spending","url":"https://stock-news.laohu8.com/highlight/detail?id=1148495591","media":"Benzinga","summary":"Taiwan Semiconductor Mfg. Co. Ltd.TSM 1.88%, a foundry that supplies chips to the likes ofApple IncA","content":"<p><b>Taiwan Semiconductor Mfg. Co. 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Co. Ltd.</b>TSM 1.88%, a foundry that supplies chips to the likes of<b>Apple Inc</b>AAPL 1.17%, is taking steps to alleviate thechip shortage&nbsp;which&nbsp;has come to plague companies cutting across sectors.</p>\n<p><b>What Happened:</b>At a special meeting of TSMC's board held Thursday, the board approved a $2.89 billion capital spending plan. The company said the investment will be made toward installing mature technology capacity.</p>\n<p>The company approved in January a CapEx plan of $25 billion to $28 billion to develop advanced chips and building plant capacity.</p>\n<p>Earlier this month, TSMC said it would allocate $100 billion over the next three years to increase production capacity.</p>\n<p><b>Why It's Important:</b>&nbsp;Theautomobile, as well as consumer electronics industries,&nbsp;are reeling from chip shortage, which has forced production shutdowns and delayed launches.</p>\n<p>Chipmakers have stepped up to resolve this crisis.<b>Intel Corporation</b>INTC 1.77%announced a $20 billion investment plan to build new fabs in Arizona, as it committed to a hybrid manufacturing model.</p>\n<p>The capacity expansion will likely help the Taiwanese foundry to take advantage of the opportunity presented by the chip crunch.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148495591","content_text":"Taiwan Semiconductor Mfg. Co. Ltd.TSM 1.88%, a foundry that supplies chips to the likes ofApple IncAAPL 1.17%, is taking steps to alleviate thechip shortage which has come to plague companies cutting across sectors.\nWhat Happened:At a special meeting of TSMC's board held Thursday, the board approved a $2.89 billion capital spending plan. The company said the investment will be made toward installing mature technology capacity.\nThe company approved in January a CapEx plan of $25 billion to $28 billion to develop advanced chips and building plant capacity.\nEarlier this month, TSMC said it would allocate $100 billion over the next three years to increase production capacity.\nWhy It's Important: Theautomobile, as well as consumer electronics industries, are reeling from chip shortage, which has forced production shutdowns and delayed launches.\nChipmakers have stepped up to resolve this crisis.Intel CorporationINTC 1.77%announced a $20 billion investment plan to build new fabs in Arizona, as it committed to a hybrid manufacturing model.\nThe capacity expansion will likely help the Taiwanese foundry to take advantage of the opportunity presented by the chip crunch.","news_type":1},"isVote":1,"tweetType":1,"viewCount":835,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":27,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}