
Enlarge / TSMC’s headquarters, seen here, are in Hsinchu, Taiwan—but the company is expanding worldwide, with a $12 billion fab due to open near Intel’s own facilities in Arizona. (credit: Sam Yeh via Getty Images)
Earlier this week, chipmaker TSMC—Taiwan Semiconductor Manufacturing Company, who manufactures processors for Apple, Qualcomm, and AMD, among many other industry giants—announced a serious increase in spending on both facilities and research.
The total investment is roughly $100 billion total, projected over the next three years at $30 billion plus each year. This represents a roughly 43% increase over 2020’s $17.2 billion capital expenditure and $3.72 billion spent on research and development.
The capital investment will in part go to several new facilities: