Set on offering its fabless customers and AMD, which is still not Asset Light enough, the best, TSMC (Taiwan Semiconductor Manufacturing Company) has approved a new round of spending which will see it churn $687.60 million into its 45nm and 40nm production capabilities.

The sum mentioned will be used to increase the manufacturing capacity of TSMC's 300mm facilities and will be followed by another investment. According to TSMC, another $107.40 million will be spent on upgrading some of its 0.18-micron 200mm fabs.