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JEMC said:

Interesting news.

It will be interesting to see what they'll use the money for. New fabs? Increased packaging services? Buying the new lithography machines from ASML? (After all, they cost $400 millions each)

Hugely expanding wafer production at cutting-edge nodes, by the looks of it. They asked hyperscalers etc. to see the receipts and left pretty satisfied, apparently.