TSMC boosts capex by $5bn

TSMC has upped its 2019 capex from $10-11 billion to $14-15 billion. The company forecasts a 10% rise in Q4 revenue, to between $10.2 billion and $10.3 billion, up from $9.4 billion a year ago. Q4 gross margin is expected to be 48%-50% – up from  47.7% in Q4 2018, Q3 showed a 13.5% rise ...

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