Overview
- U.S. Commerce Secretary Howard Lutnick said TSMC could lift its U.S. commitment above $200 billion and create 30,000 jobs, criticized CHIPS Act awards, and the company declined to comment on the report.
- TSMC has halted construction and paused equipment installation in Kumamoto while weighing a shift to 4‑nanometer output, a change that could push back the plant’s planned 2027 start, according to Nikkei Asia.
- The company reported November revenue of NT$343.6 billion, up 24.5% year over year, with year‑to‑November sales reaching NT$3,474 billion for 32.8% growth.
- Bernstein raised its price target to $330, projected chip‑on‑wafer‑on‑substrate capacity of 125,000 wafers per month by end‑2026, and forecast strong sales growth in 2026 and 2027.
- TSMC has sued ex‑SVP Wei‑Jen Lo after his move to Intel, while Taiwan’s authorities are examining potential national‑security and trade‑secret issues and a local supplier has been indicted in a separate case.