TSMC Reaffirms Over 30% Revenue Growth Forecast, Raises Capex Guidance to $56B

According to Beating, at Thursday's shareholder meeting in Hsinchu, TSMC Chairman and CEO C.C. Wei reaffirmed the company's full-year revenue growth forecast of over 30%, while also signaling that global chip supply will remain unable to meet surging AI demand for years to come. TSMC plans to increase capital expenditure toward the upper end of its $56 billion guidance range. Wei noted that even with new U.S. manufacturing capacity, demand from American customers remains substantial. Additionally, Wei announced that TSMC employees will receive average bonus increases exceeding 30% this year.
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