Analysis: Taiwan Semiconductor Manufacturing Company Limited

US:TSM

Why is Taiwan Semiconductor Manufacturing Company Limited stock rising?

  • Additional $100 billion Arizona expansion for 2nm-and-below logic fabs and advanced packaging
  • FY2026 revenue growth guidance raised to slightly above 40%
  • 2026 CapEx raised to $60 billion-$64 billion for advanced nodes and packaging
  • Three additional 3nm fabs planned in Taiwan, Arizona, and Japan through 2028
  • A14 pre-production in 2027 and volume production in 2028

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