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> 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?

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Not the only sloppy writing.

> 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.

That's only 400x as much, after all.

2020 hasn't ended yet.

Sorry?

Some jokey commentary on the pandemic I think

The year is 2020-Too :)

2020++

I like yours better but then I have to explain it to non-techincal people.

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