TSMC plans to spend nearly $56 billion in 2026 to expand production capacity. This capital expenditure responds to overwhelming AI chip demand from Nvidia, AMD, and Apple.
CEO C.C. Wei warns the company may still fail to meet demand by 2027. Potential chip shortages could persist for several years.
TSMC is fast-tracking three new 3-nanometer fabs in Taiwan, the United States, and Japan. Goldman Sachs raised its outlook for Taiwanese semiconductor packaging equipment makers following the announcement. Analysts expect these firms to benefit from TSMC's aggressive capacity growth.