https://safirsoft.com TSMC announces unprecedented profits and will spend $44 billion on capacity building in 2022
What happened? The lack of chips may be bad news for consumers, but not for people like TSMC. The chip maker announced its quarterly earnings record today, boosted growth forecasts and said it will spend $40 billion to $44 billion on capacity upgrades in 2022.

Unprecedented demand for ingredients means chipmakers are completing their orders and working to meet demand. As a result, TSMC's revenue in the fourth quarter of 2021 increased by 24.1 percent to reach $15.74 billion, while net profit is expected to rise from $142.8 billion last year to $166.2 billion, as was the company's final profits in the first quarter of 2022 is equally good. is being. It expects sales of between $16.6 billion and $17.2 billion in the first quarter, at least 5 percent higher than forecast.

https://safirsoft.com <b>TSMC</b> Announces Unprecedented Profits, Spending <b>$44</b> <b>billion</b> on Capacity Building in 2022spend $40 billion to $44 billion by 2022 to develop and upgrade capacity. Bloomberg reported that the number is $10 billion more than last year, a 43 percent increase from $25. Intel plans to spend $1 billion to $28 billion on chip production in 2022.

TSMC, CEO of CCV, said in an online revenue briefing (via Reuters) that the chip maker is entering a period of higher structural growth. The company expects the "Multi-Year Industrial Death Rate" to drive high demand for chips with new technologies, increasing its annual growth rate from 10% to 15% to 15% to 20%. He added that any risk of oversupply in the coming years will decrease as the demand for technological products such as electric cars increases.

"Even if a correction occurs, we believe" because of our case- he said the technical tech and structural megatrends.” DDR5 RAM affects popular consoles, cars, laptops, and home appliances and even prompted Sony to ramp up PS4 production because no one can afford the PS5.

But there have been positive signs lately. Shipments including GIGABYTE, ASUS, MSI and ASRock expect shipments to increase this year as mining demand declines thanks to Atrium's future shift from a Proof of Work mechanism to inventory protection.The chip crunch may continue for some time, but we should see a drop in supply and demand In the near future.



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