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Chipmakers Must Be Held to Their Capex Promises

Companies need to regularly detail the progress of their spending plans, especially if they have received any kind of government support.
capital spending by Intel, TSMC, Samsung, Micron for fab construction capex

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By Bolaji Ojo

Semiconductor foundries and chipmakers like Intel, Samsung, TSMC and TI have in the last year promised to spend as much as $400 billion on new fabrication facilities in scattered locations around the globe over the next decade, potentially jacking up capital expenditure in the industry to historic heights.

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