TSMC Hikes 2026 Guidance as AI Demand Outpaces Capacity Taiwan Semiconductor Manufacturing (TSMC) has raised its 2026 capital expenditure forecast by 15%, sparking concerns about the sustainability of the company's growth.
The move, which follows a similar increase in guidance from ASML Holding, suggests that investors are becoming increasingly anxious about TSMC's ability to maintain high returns on investment.
In its second quarter earnings report, TSMC reported revenue of $40. 2 billion, a 33. 7% year over year increase that beat Wall Street estimates.