TSMC holds its capex plan at up to $64 billion as AI demand outruns supply

The chipmaker raised its revenue growth forecast to approximately 44% while keeping its spending guidance at $60 billion to $64 billion Taiwan Semiconductor Manufacturing Company is keeping its foot on the gas. On its third-quarter earnings call on October 15, 2026, TSMC reaffirmed that it plans to spend between $60 billion and $64 billion on capital expenditures this year. The spending plan came alongside an upgraded growth outlook. TSMC now expects revenue to grow by approximately 44% in US dollar terms this year, up from a previous forecast of slightly more than 40%.

Source: Crypto Briefing