On Thursday afternoon, TSMC executives revealed during a financial conference that the company's capital expenditures are expected to approach the upper limit of the $52 billion to $56 billion range by 2026. When asked about the confidence behind this capital expenditure projection, TSMC Chairman and CEO C.C. Wei stated that demand is extremely robust, particularly in high-performance computing and artificial intelligence applications. Despite the company's full-scale efforts to accelerate and procure equipment in advance, supply remains tight while demand continues to grow, which is why capital expenditures are directed toward the upper limit of the range.
