fatalities

Taiwan Semiconductor Manufacturing Co. (TSMC) plans to commence volume production of its advanced 3-nanometer chips at its Fab 18 in Southern Taiwan Science Park by the end of 2022. Despite global economic headwinds impacting the semiconductor industry, TSMC maintains a positive outlook, expecting strong demand for its 3nm process, particularly from clients requiring high-performance computing (HPC) and smartphone applications. While other chipmakers have scaled back capital expenditures, TSMC expects its capital expenditure for 2022 to remain near the high end of its previously announced range of US$40 billion to US$44 billion. This sustained investment suggests confidence in long-term demand and TSMC's commitment to advanced process technology leadership.