- Taiwan Semiconductor Manufacturing Co. (ADR 2330) raised 2024 global capex to $60–64B, beat quarterly estimates and lifted 2024 revenue growth guidance to just over 40%.
- TSMC has no firm timeline for new U.S. plants, is working to close chip supply gaps, expects strong business in coming years, cites inflation‑driven tool cost increases and PMIC shortages.
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Key facts: TSMC raises 2024 capex to $60–64B; no U.S. plant timeline
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Taiwan Semiconductor Manufacturing Co. (ADR 2330) raised 2024 global capex to $60–64B, beat quarterly estimates and lifted 2024 revenue growth guidance to just over 40%.TSMC has no