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Well, according to their last quarterly report, they currently have around 28.4 billion US dollars in cash. So there's a big chunk :)
by gilbetron 5y ago
Well, according to their last quarterly report, they currently have around 28.4 billion US dollars in cash. So there's a big chunk :)
- CivBase 5y agoTo put that into scale, here's some quotes from TSMC's Wikipedia article[0]: > In November 2020 officials in Phoenix, Arizona in the United States approved TSMC's plan to build a $12 billion chip plant in the city. [...] In 2021, news reports claimed that the facility may be tripled to roughly a $35 billion investment with six factories. > In November 2021, TSMC and Sony announced that TSMC would be establishing a new subsidiary named Japan Advanced Semiconductor Manufacturing (JASM) in Kumamoto, Japan. [...]. The initial investment will be approximately $7 billion with Sony investing approximately $500 million for a less than 20% stake. When you're committing to $42B of investments, $28.4B doesn't seem like all that much to have on hand. https://en.wikipedia.org/wiki/TSMC https://en.wikipedia.org/wiki/TSMC
- gilbetron 5y agoAnother article on it: https://www.bloomberg.com/news/articles/2021-04-01/tsmc-to-invest-100-billion-over-three-years-to-grow-capacity https://www.bloomberg.com/news/articles/2021-04-01/tsmc-to-i... Crazy! Although, like most companies, they will work hard not to spend their own money on it :)