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TSMC’s global buildout faces crucial capital efficiency test

TSMC expects overseas manufacturing to reduce its consolidated gross margin by nearly two percentage points in 2026, with the impact widening to three to four points later in its expansion program. The company plans to spend $60 billion to $64 billion on capital expenditure this year. Its latest outlook calls for fourth-quarter revenue of up […]

The post TSMC’s global buildout faces crucial capital efficiency test appeared first on Asia Times.

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