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Non-Tech : Kirk's Market Thoughts
COHR 162.89+5.8%10:38 AM EST

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To: Gottfried who wrote (3306)8/12/2015 11:26:48 AM
From: Kirk ©  Read Replies (2) of 26632
 
This is probably the news that has Intel up on a big down day for the market

TSMC board approves US$1.2 billion for advanced technology capacity expansion
Aug 11, 21:45
Jessie Shen, DIGITIMES, Taipei [Tuesday 11 August 2015]
....
The board of Taiwan Semiconductor Manufacturing Company (TSMC) has approved capital appropriations of approximately US$1.237 billion for expanding capacity for advanced-node manufacturing, and packaging and assembly, as well as converting certain logic capacity to specialty technologies, and R&D capital investments and sustaining capital expenditures.

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