On November 14, Morgan Stanley revealed in its latest "AI Supply Chain Industry" report that AI giants such as NVIDIA and AMD, along with electric vehicle (EV) pioneer Tesla, are vigorously vying for 3nm chip production capacity. This intense competition has led to a scarcity of TSMC's 3nm production slots, compelling the company to embark on an urgent capacity expansion plan. According to Morgan Stanley's projections, by the end of this year, TSMC's monthly production capacity for 3nm chips will see an additional increase of 20,000 wafers, soaring to a range of 110,000 to 120,000 wafers, surpassing initial expectations. Furthermore, this capacity is anticipated to climb to between 140,000 and 150,000 wafers by 2026. Consequently, TSMC's capital expenditure for the upcoming year is set to escalate from the originally planned $43 billion to a range of $48 billion to $50 billion.