TSMC Raises Full-Year Revenue Outlook Amid Strong AI Demand
Taiwan Semiconductor Manufacturing Company (NYSE:TSM) raised its full-year revenue growth outlook for 2026 to slightly above 40% in U.S. dollar terms, driven by strong demand from artificial intelligence and high-performance computing sectors. The company also increased capital spending plans and announced a $100 billion expansion in Arizona.
Topics: 2nm technology AI demand capital spending semiconductors