TSMC sharply raised its capital expenditure and revenue expectations for this year, reflecting the company's confidence in global AI infrastructure needs. As the main chip maker for Nvidia and Apple, the company currently expects capital expenditure of 60 billion to 64 billion US dollars in 2026, which is higher than the previous estimate of 52 billion to 56 billion US dollars. The company also expects revenue growth in US dollars to be slightly more than 40%, up from more than 30% previously. TSMC previously announced that net profit for the second quarter increased 77.4% year on year, exceeding market expectations.
Zhitongcaijing · 2d ago
Share
Listen to the news
TSMC sharply raised its capital expenditure and revenue expectations for this year, reflecting the company's confidence in global AI infrastructure needs. As the main chip maker for Nvidia and Apple, the company currently expects capital expenditure of 60 billion to 64 billion US dollars in 2026, which is higher than the previous estimate of 52 billion to 56 billion US dollars. The company also expects revenue growth in US dollars to be slightly more than 40%, up from more than 30% previously. TSMC previously announced that net profit for the second quarter increased 77.4% year on year, exceeding market expectations.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending