TSMC CEO: Ready for Mass Production of 2 nm Chips in 2025
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Update time : 2023-01-25 15:04:27
TSMC today reported fourth quarter earnings with revenue of NT$625.53 billion and net income of NT$295.9 billion.
In an interview, TSMC's CEO said they are ready to mass produce 2nm chips in 2025. In addition, he also said TSMC is considering building an automotive chip plant in Europe and is considering building a second plant in Japan. TSMC CFO revealed that R&D expenses are expected to increase by 20% in 2023; TSMC expects capital expenditures of $32-36 billion in 2023, with an estimate of $34.86 billion. TSMC expects sales to decline in the mid to high single digits in the first half of the year and expects sales to increase year-over-year in dollar terms in the second half of the year; it expects a slight increase in dollar terms in 2023. According to a previous report in Taiwan's Economic Daily News, the supply chain rumor has it that TSMC is expected to reach a new high of $40 billion in capital expenditures this year, driven by three major drivers, including the expansion of advanced processes in Taiwan and investment in R&D, expansion in the U.S. and Japan, and upgrades to mature processes, due to the growth required over the next three years.
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