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TSM Oct 2022 80.000 call

OPR - OPR Delayed price. Currency in USD
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12.16+3.97 (+48.47%)
As of 02:21PM EDT. Market open.
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  • Reuters

    Samsung Elec to triple advanced chip production by 2027, sees robust demand

    Samsung Electronics' chip contract manufacturing business said on Tuesday it plans to more than triple its advanced chips production capacity by 2027 to meet strong demand despite current global economic headwinds. The world's second-largest foundry after Taiwan Semiconductor Manufacturing Co (TSMC) is targeting mass production of advanced 2-nanometre technology chips by 2025 and 1.4-nanometre chips by 2027, set for use in applications such as high-performance computing and artificial intelligence. "There has been some progress (in raising prices) this year, and costs are being reflected... New orders won currently will be made after 2-3 years, so the direct impact of the current atmosphere will be minimal," said Moonsoo Kang, executive vice president of Samsung Electronics' foundry business.