TSMC CEO: Full Effort to Expand Production Still Insufficient to Meet Strong AI Demand

According to DigiTimes monitoring, on Thursday afternoon, TSMC executives announced during an analyst meeting that the company's capital expenditure is expected to reach near the top end of the $52 billion to $56 billion range in 2026. When asked about the confidence behind this capital expenditure, TSMC's Chairman and CEO, C.C. Wei, replied, "The answer is simple—demand is extremely strong, especially in high-performance computing and artificial intelligence applications. We are fully accelerating and pre-ordering equipment, but supply remains tight, and demand continues to grow. That is why the capital expenditure is pointing towards the upper end of the range."