TSMC To Invest A Further $100 Bln in U.S.
TSM•TSMC outlines stronger outlook and higher capex
July 16 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd 2330.TW:
- TSMC expects Q3 revenue of $44.6-45.8 billion (versus Q3 2025 revenue $33.1 billion)
- TSMC expects Q3 gross margin 65-67% (Q2 67.7%)
- TSMC expects Q3 operating margin 56-58% (Q2 60.3%)
- TSMC sees 2026 capex $60-64 billion (previous forecast of at the high end of $52-56 billion)
- TSMC expects 2026 revenue to increase by slightly above 40% in U.S. dollar terms (previous forecast of above 30%)
- TSMC says demand for its leading-edge technologies is very strong
- TSMC says AI-related demand is extremely robust
- TSMC says customers and customers' customers provide very strong signals and outlook
- TSMC says AI is driving CPU demand in data centers
- TSMC says it does not foresee a bottleneck for its capacity expansion plan
- TSMC says it expects continued strong demand in Q3
- TSMC says rising component prices remain a challenge
Company plans another $100 billion U.S. investment
- TSMC says it will increase investment in the U.S.
- TSMC says it will invest another $100 billion in the U.S.
- TSMC says the investment will be in Arizona
