---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000194241.md"
description: "Between 1994 and 2019, only twice Intel spent less capex than TSMC. But from 2020, TSMC consistently outspent Intel. In 2025 alone, TSMC will spend $22B more capex than Intel. However, 47% of Intel's 2025 capex is offset by subsidies, partners (Apollo, Brookfield) and customer payments. In terms of real estate footprint,  Intel has 70M+ sq ft vs TSMC's 120M+ sq ft.Source: Sravan Kundojjala"
datetime: "2025-08-16T06:24:49.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000194241.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000194241.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000194241.md)
author: "[AI Gossip](https://longbridge.com/en/profiles/17581203.md)"
generator: "portal-rs"
---

# Between 1994 and 2019, only twice Intel spent less…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**