TSMC's board of directors approves a capital budget of US $9.2 billion and 34.73 million

According to a report by Taipei's "Central News Agency" today, the board of directors of TSMC approved a capital budget of US $9.2 billion 34.73 million, about NT $276.9 billion (about 62.427 billion yuan), which will be used to build advanced, mature and special process capacity.

To meet the funding needs of capacity expansion, TSMC's board of directors approved no more than $4 billion to guarantee the raising of US dollars of unsecured ordinary corporate bonds for TSMC Arizona, a 100%-owned subsidiary.

In response to the growth in demand in the next few years, TSMC's capital expenditure will reach US $40 billion to US $44 billion this year, setting a record high. Advanced processes including 2nm, 3nm, 5nm and 7nm will be the focus of TSMC's capital expenditure. TSMC will also invest in special processes and advanced packaging and mask production.

The construction of TSMC's 5nm plant in Arizona is progressing smoothly. The Shangliang celebration ceremony will be held at the end of June. It is expected to have a mass production in 2024 with a monthly production capacity of 20,000 pieces.