TSMC plans 2022 capex of $44bn

The capex target is at least $10 billion more than kast year from last year and  43% higher than Intel’s $25 billion to $28 billion.

The company had December sales of $6 billion – 16% y-o-y increase.

It targets gross margin of at least 53%.

The chip shortage has encouraged customers to pre-pay for supplies and TSMC took in $6.7 billion in pre-payments last year.

The company has $12 billion in cash.


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