Overview
- TSMC reported strong Q4 results and guided to roughly 30% revenue growth in 2026, with AI accelerators that contributed a high‑teens share of sales last year flagged as a continuing driver.
- Management projects about a 25% compound annual growth rate through 2029, underscoring a multi‑year expansion tied to Foundry 2.0 and advanced packaging.
- Industry reporting says TSMC will cut Fab14’s 12‑inch mature‑node output by 15%–20% by 2028 and phase out around 50,000 wafers per month, while shifting tools and capacity to Japan’s Kumamoto, Germany’s Dresden, and affiliate VIS/VSMC in Singapore.
- The company’s 2026 capital spending plan totals $52 billion to $56 billion, alongside a confirmed $165 billion buildout in Phoenix and Taiwan’s reported $250 billion commitment to U.S. semiconductor and AI projects under a recent trade deal.
- TSMC raised its quarterly dividend 20% to $0.19 payable April 9 for holders of record March 23, and reports indicate Nvidia has overtaken Apple as its largest customer.