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Taiwan Semiconductor Manufacturing Company (TSMC) has approved a capital budget of USD 31.28 billion.
TSMC approved a capital budget of USD 31.28 billion for expanding production capacity and facilities.
KEY POINTS
- TSMC will invest up to USD 20 billion in its US subsidiary, TSMC Arizona.
- TSMC increased its quarterly cash dividend to NT$7 per share for 2024 Q1 earnings.
- TSMC forecasted 2026 capital expenditure will likely be at the higher end of USD 56 billion.
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