semiconductor / news / / The Economic Times
Taiwan Semiconductor Manufacturing Company is investing over $31 billion to boost chip production.
TSMC approved a capital budget of $31.28 billion to expand advanced chip production capacity.
KEY POINTS
- TSMC's board authorized up to $20 billion investment in TSMC Arizona for its US operations.
- TSMC increased its quarterly cash dividend per share to NT$7 for Q1, up from NT$6 previously.
- TSMC shares have surged over 28% since April, outperforming amid global tech stock rebounds.
COMPANIES
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