Taiwan Semiconductor Manufacturing (TSM) Q4 2021 Earnings Call Transcript
TSM earnings call for the period ending December 31, 2021.
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TSM earnings call for the period ending December 31, 2021.
Shares of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday edged toward fresh highs after raising growth projections and unveiling record spending, underscoring expectations the voracious demand that fueled a global chip crunch will persist. The world’s largest foundry jumped as much as 1.8 percent, boosting the benchmark TAIEX. Apple Inc’s most important chipmaker is now projecting average sales growth of 15 to 20 percent annually — as much as double its previous expectation. It intends to spend US$40 billion to US$44 billion expanding and upgrading capacity this year. ...
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