TSMC board approves capital budget of $9.23473 billion

TSMC's board of directors today approved a capital budget of US$ 9.23473 billion, or about NT$276.9 billion (about 62.427 billion yuan), which will be used to build advanced, mature, and special process capacity.

In order to meet the capital needs for capacity expansion, TSMC's board of directors has approved a limit of no more than US$4 billion to provide a guarantee for the 100%-owned subsidiary TSMC Arizona to raise US dollar unsecured ordinary corporate bonds.

In response to the growth of demand in the next few years, TSMC's capital expenditure this year will reach 40 billion to 44 billion US dollars, which will set a new record in history. Advanced processes including 2nm, 3nm, 5nm, and 7nm will be the focus of TSMC's capital expenditure; at the same time, TSMC will also Invest in special processes and advanced packaging and mask making.

The construction of TSMC's 5nm plant in Arizona, USA, is progressing smoothly, and a ceremony to celebrate the ceremony will be held at the end of June.

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