@antiterror13 where in Taiwan? US? they have a wrong strategy they need to invest in China, just like you said , regarding chips globalization is death. Security triumph economics. With SMIC even if sanction they had a role to play which is being China IC champion. TSMC can do that role but instead insist to be with the US, I wish them luck in their future endeavor, whatever outcome they are still Chinese.
Chinese semiconductor industry
- Thread starter Hendrik_2000
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Sounds like fake news. No resources were quoted in the article. TSMC's yearly revenue is 47 billion. Only 15 billion of this is profits. How can a company with 15 billion profits be going to finance 100 billion investment in 3 years?
consider that taiwan gdp is about 700 billion dollars. They intend to spend a significanti fraction of their gdp financing tsmc? Much more, for example, than what they spend in defense budget (with weekly threatening aircraft incursions from a superpower sitting 200 km near).
Its real. Here are other sources. Its not that strange, obviously TSMC is a credible company and there is an extreme chip demand. So there is no issue on taking on debt (from capital markets and banks) if the projected revenues and profits are drastically increasing each year.
Seems exaggerated. I doubt it is over only 3 years.
But EUV factories are really expensive and cost upwards of 20 billion each.
To supply pent up demand for 5nm and 3nm for existing customers will require a lot of fab expansion.
Borrow money? Sell bonds / stocks?
consider that taiwan gdp is about 700 billion dollars. They intend to spend a significanti fraction of their gdp financing tsmc? Much more, for example, than what they spend in defense budget (with weekly threatening aircraft incursions from a superpower sitting 200 km near).
That isn't GDP. Profit would be more akin to measuring national net worth, meaning the more correct number isn't $700 billion but $4 trillion.
You are measuring 1 year of profit, just like one year of after-tax income isn't the net worth of an individual, one year of profit isn't the net worth of a company.
manqiangrexue
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After that kind of raise, the thing he's got to worry about most is delivering results big time or he's gonna get killed right in China LOL
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