Overview
- TSMC posted fourth‑quarter revenue of about $33.7 billion and a 35% profit jump, topping estimates and reinforcing AI-driven demand.
- Guidance calls for 2026 capital expenditure of $52 billion to $56 billion, with most directed to advanced technologies and potential U.S. capacity expansion.
- Executives signaled sustained AI momentum, projecting rapid multi‑year growth tied to leading‑edge nodes and advanced packaging.
- Semiconductor shares rallied worldwide, with gains in Nvidia and peers and sharp advances for equipment makers including ASML, Applied Materials, Lam Research, and KLA.
- Recent KeyBanc checks said Intel and AMD have largely sold out 2026 server‑CPU capacity and may raise prices 10%–15%, while U.S. policy shifts keep Nvidia’s H200 China sales under case‑by‑case review.