Seeking Alpha: Taiwan Semiconductor Keeps Building For The Next Act

If Glengarry Glen Ross gave us the motto of "always be closing", maybe Taiwan Semiconductor (or "TSMC") (TSM) can be said to follow a motto of "always be changing". TSMC not only has to stay at the edge in terms of process nodes, it has to keep pace with the volume needs and demands of its client base. This year will mark the fifth straight year of well above-average capital spending, as TSMC looks to keep its position as a leader foundry provider to communication chip designers and compete with Intel (INTC), Samsung, GlobalFoundries ("GloFo"), and United Microelectronics (UMC) in the emerging 10/nm14nm/16nm FinFET (or "FF") nodes.

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Taiwan Semiconductor Keeps Building For The Next Act