Overview
- January revenue hit NT$401.26 billion (about $12.7 billion), up 36.8% year over year and 19.8% month over month, led by AI and high‑performance computing at advanced nodes.
- TSMC reiterated its outlook for roughly 30% sales growth in 2026 in U.S. dollar terms.
- The board authorized a $44.96 billion capital budget and approved record employee profit‑sharing of about NT$206.15 billion, along with a NT$6.0 per‑share cash dividend for Q4 2025.
- Capex guidance rose to $52–$56 billion for 2026 to add 2 nm and 1.6 nm capacity and expand CoWoS packaging, including projects in Arizona, Japan and Germany.
- Shares gained after U.S. officials outlined tariff carve‑outs tied to TSMC’s U.S. investments, and NVIDIA’s Jensen Huang said capacity may need to roughly double to meet AI demand.