TSMC posts 50.9% quarterly revenue growth as 2027 planning stays cautious

TSMC maintained its 2026 capital spending expectation at US$60 billion to US$64 billion[2]. It said capital expenditure from 2026 to 2028 would be significantly higher than during the previous three years[4]. At the same time, the company said it was being prudent in business planning going into 2027[2]. TSMC identified rising component prices and macroeconomic uncertainties as challenges for consumer and price-sensitive end-market segments[2]. It attributed margin dilution primarily to the initial ramp-up of its 2-nanometer technology[3].

TSMC said its Arizona second fab had completed construction and was scheduled to begin mass production in the third quarter of 2027[2]. Major U.S. customers had asked the company to increase local manufacturing capacity, and Wei said TSMC had sent teams to Texas to evaluate opportunities[2]. TSMC had also discussed Terafab with the project’s organizers, but said any fab collaboration would have to be operated by TSMC[2]. Ahead of the earnings release, TSMC’s Taipei-listed shares fell 2% amid a broader technology sell-off; Samsung Electronics and SK Hynix shares fell more than 10%[2].