According to the Bank of America Securities Research Report, TSMC's board of directors recently approved a capital budget of 41 billion US dollars, driving an 116% year-on-year increase in the approved 2026 budget. Of this, 56% was used to expand and upgrade advanced pre-production processes, accounting for a new high since 2022, reflecting the accelerated expansion of 3 nm and 2 nm production capacity. TSMC's cumulative approved capital budget growth rate has risen to 50% year over year, higher than the long-term trend of 40% to 45%. Bank of America predicts that capital expenditure in 2027 may reach 80 billion to 90 billion US dollars, higher than the 2026 forecast of 62 billion US dollars; the bank currently predicts 83 billion US dollars in 2027, and the market agrees that it is about 80 billion US dollars.
Zhitongcaijing · 2d ago
Share
Listen to the news
According to the Bank of America Securities Research Report, TSMC's board of directors recently approved a capital budget of 41 billion US dollars, driving an 116% year-on-year increase in the approved 2026 budget. Of this, 56% was used to expand and upgrade advanced pre-production processes, accounting for a new high since 2022, reflecting the accelerated expansion of 3 nm and 2 nm production capacity. TSMC's cumulative approved capital budget growth rate has risen to 50% year over year, higher than the long-term trend of 40% to 45%. Bank of America predicts that capital expenditure in 2027 may reach 80 billion to 90 billion US dollars, higher than the 2026 forecast of 62 billion US dollars; the bank currently predicts 83 billion US dollars in 2027, and the market agrees that it is about 80 billion US dollars.
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