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TSMC CEO: ready for mass production of 2 nm chips in 2025

TSMC reported fourth-quarter earnings of NT$625.53 billion in revenue (currently about RMB 138.868 billion) and net income of NT$295.9 billion (currently about RMB 65.69 billion).

When questioned, TSMC CEO said that they are ready to mass produce 2nm chips in 2025. In addition, he said TSMC is considering building an automotive chip factory in Europe and is considering building a second factory in Japan.

Image source Unsplash

TSMC’s CFO revealed that research and development expenses are expected to increase by 20% in 2023; TSMC expects capital expenditures in 2023 to be US$32-36 billion, with an estimated US$34.86 billion. TSMC expects a mid- to high-single-digit decline in sales in the first half of the year, and expects year-over-year sales growth in U.S. dollars in the second half; a slight increase in U.S. dollars is expected in 2023.

TSMC’s operating income from January to December 2022 will be NT$2,263.89 billion (currently approximately RMB 502.584 billion), a year-on-year increase of 42.6%. TSMC expects first-quarter sales of US$16.7 billion to US$17.5 billion, which is currently about 113.059 billion to 118.475 billion RMB.

TSMC expects first-quarter sales of US$16.7 billion to US$17.5 billion, which is currently about 113.059 billion to 118.475 billion RMB.

According to a previous report by the Taiwan Economic Daily, the supply chain is rumored that TSMC is driven by the three major driving forces of advanced process expansion in Taiwan, investment in R&D, US and Japan expansion, and mature process upgrades due to the growing needs of the next three years. Expenditure is expected to approach 40 billion U.S. dollars (currently about 276.8 billion RMB), a new high.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.
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