Overview
- TSMC said its board approved a $31.28 billion capital appropriation to add advanced chip capacity and build new fabrication plants.
- Directors also cleared up to $20 billion for TSMC Arizona, the unit that manages funding for the company’s U.S. operations.
- The company raised its quarterly cash dividend to NT$7 per share, setting September 16 as the ex-dividend date and October 8 for payment.
- Executives still expect 2026 capital spending near the top of the previously guided $52 billion to $56 billion range.
- Surging orders for AI and data center processors from customers such as Nvidia, Meta, and Amazon are driving the build-out, with industry reports noting TSMC’s outsized share of leading-edge chip production.