Taiwan Semiconductor Manufacturing Company reaffirmed on October 15, 2026 that it plans to spend between $60 billion and $64 billion on capital expenditures this year, while raising its revenue growth forecast to approximately 44% in US dollar terms. Third-quarter 2026 net profit rose 69% year-over-year, and management guided fourth-quarter revenue to a range of $52.3 billion to $54.3 billion. The company has nearly 20 semiconductor facilities under development worldwide, with 13 in Taiwan and 5 to 6 overseas. International expansion is expected to dilute consolidated gross margins by about 2 percentage points in 2026, a trade-off investors will need to weigh against the strong growth outlook.
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