TSMC CEO responds to "significant increase in 2026 capital expenditure guidance": Due to capacity expansion and equipment price increases.

TSMC announced that it has raised its full-year capital expenditure guidance for 2026 from $52-56 billion to $60-64 billion. TSMC Chairman and CEO C.C. Wei explained at a press conference that the increase in spending is due to two factors: first, the continued increase in market demand, with customers strongly requesting TSMC to expand its production capacity; and second, equipment inflation pushing up procurement costs.