Taiwan Semiconductor Manufacturing Co’s logo is seen during the company’s annual shareholder meeting in Hsinchu, Taiwan, on June 6, 2023. Photo: Bloomberg
Apple chip supplier TSMC tempers 2023 capital expenditure outlook to US$32 billion as global semiconductor demand weakens
- TSMC’s capital spending should wind up closer to the bottom end of a previously forecast US$32 billion to US$36 billion range, chairman Mark Liu said
- It reaffirmed projections for revenue in the first half of 2023 to decline by about 10 per cent in US dollar terms
Taiwan Semiconductor Manufacturing Co’s logo is seen during the company’s annual shareholder meeting in Hsinchu, Taiwan, on June 6, 2023. Photo: Bloomberg
