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TSMC CEO: Full-scale expansion still struggles to meet strong AI demand
This Thursday afternoon, TSMC executives announced at the earnings call that the company’s capital expenditure is expected to reach the upper end of the range of approximately $52 billion to $56 billion by 2026. When asked about the source of confidence supporting this level of capital spending, TSMC Chairman and CEO Wei Zhejia replied, “The answer is simple: demand is extremely strong, especially for high-performance computing and artificial intelligence applications. We are accelerating and pre-purchasing equipment, but supply remains tight, and demand continues to grow. That is why capital expenditure points to the upper end of the range.” (Cailian Press)