Acquired
TSMC (Remastered)
David Rosenthal
I mean, let's talk about now. So 2020, TSMC, we alluded to this, operating profit of $20 billion on $48 billion of revenue. They took 17 of the $20 billion in operating profit and plowed it all back into CapEx last year in 2020. Beginning of this year, January 2021, they give guidance that they will raise CapEx from 17 last year in 2020 to 25 to 28 billion in 2021.
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