TSMC bolstered its U.S. expansion by raising its 2026 revenue growth outlook to over 40%, driven by AI demand and the ramp-up of 2-nanometer technology. The company also increased its 2026 capital expenditure budget to $64 billion to capture long-term growth in High-Performance Computing. Additionally, autonomous maritime drone firm Saronic committed a $3.2 billion investment to Texas.
The Taiwanese chipmaker is significantly increasing capital expenditure to expand production capacity and prevent future supply bottlenecks in the AI sector.
Read the full storyThe Taiwanese chipmaker boosts long-term financial targets as AI demand and 2-nanometer technology deployment accelerate global revenue projections.
TSMC reaffirmed its US manufacturing commitment following strong results, while maritime drone firm Saronic announced a major $3.2 billion investment in Texas.