> In 2019, TSMC spent $14.9 billion on capital expenses while it generated $34.6 billion in revenues mostly from investments in prior nodes; in 2020, the foundry spent $30 billion in 2021 and generated $56.8 billion revenues.
having trouble parsing this. is the datapoint from 2020 missing?
> TSMC set forth a three-year plan to spend $100 million on expanding its chip and packaging capacity [... but with global uncertainty], TSMC is only talking about spending somewhere between $40 billion and $44 billion on capex in 2022.
having trouble parsing this. is the datapoint from 2020 missing?