Wall Street remains bullish on TSMC's "money-smashing" strategy: AI demand visibility extends to 2030 and chip equipment stocks see positive trends.

According to the Wisdom Financial APP, on July 16, the global wafer foundry leader TSMC (TSM.US) dropped a heavy bombshell at a press conference in France - significantly raising its capital expenditure guidance for 2026 from $52 billion to $56 billion to $60 billion to $64 billion. At the same time, TSMC announced an additional $100 billion investment in the state of Arizona, bringing the total investment commitment in the United States to $265 billion. The full year US dollar revenue growth rate guidance has also been raised from "over 30%" to "slightly over 40%". This far exceeded the market's expectations for the capital expenditure increase, which is seen by Wall Street as a "shot in the arm" for the AI semiconductor supply chain, but concerns about short-term profitability and free cash flow have triggered a collective downturn in the semiconductor sector.