Chang: TSMC did not include Apple in 28nm capex expansion
Morris Chang · TSMC founder Morris Chang · Acquired · Jan 27, 2025 · at 1:20:08
TSMC founder Morris Chang explains that TSMC's massive capital expenditure ramp for 28nm was justified by broad market demand before Apple approached them.
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“Because when we figured a very big market for 28 and therefore when we planned to increase vastly our capital spending, we didn't have Apple in mind. We didn't include Apple. Apple came strictly as a present surprise.”
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