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TSMC to Make investments As much as $44 Billion in 2022 to Beef Up Chip Manufacturing

TSMC to Make investments As much as  Billion in 2022 to Beef Up Chip Manufacturing

TOKYO— Taiwan Semiconductor Manufacturing Co. , the world’s largest contract chip maker, stated it could improve its funding to spice up manufacturing capability by as much as 47% this 12 months from a 12 months earlier as demand continues to surge amid a world chip crunch.

TSMC stated Thursday that it has set this 12 months’s capital expenditure funds at $40 billion to $44 billion, a file excessive, in contrast with final 12 months’s $30 billion.

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