Around 80% of that amount will be allocated to 7nm, 5nm and 3nm processes with 10% going 3D chip-stacking and packaging tech.
Most of it will be going to 3nm which is scheduled for production in H2 2022.
5G and HPC are expected to drive a 15% growth in TSMC’s revenues this year. The company forecasts revenue growth of 10% to 15% for the five years through 2025.
CEO C C Wei said the company is “working closely with our customers to mitigate the impacts” of the auto chip shortage. TSMC makes auto ICs for NXP, ST, Infineon and Renesas.
“The automotive market was soft from 2018 through 2020, and COVID-19 further impacted it,” said Wei. Demand for auto-related chips recovered in Q4 at the same time as TSMC was dealing with a surge in orders from other customers.
TSMC made a $5.1 billion profit in Q4 on revenues of $12.89 billion. For 2020, TSMC had revenues of $45.51 billion. TSMC expects Q1 revenues of between $12.7 billion and $13 billion.
