TSMC Raises 2026 Sales Outlook Above 30% as AI Demand Outpaces Capacity Expansion
C.C. Wei told shareholders the company cannot meet all orders even with new U.S. plants. TSMC still forecasts more than 30 percent sales growth for 2026.
The Japan TimesC. Wei said Thursday. Wei spoke at the company’s annual shareholders’ meeting in Hsinchu, Taiwan.
He told investors that TSMC cannot fulfill orders from American customers despite added capacity coming online over the next several years. The company makes the majority of the world’s advanced semiconductors used in AI systems and supplies cutting-edge chips to Nvidia and AMD. Major cloud providers are projected to spend $725 billion on AI infrastructure in 2026 alone.
Wei said TSMC will avoid sudden price increases of the kind that disrupted the memory-chip market. He stated the company’s goal is to maintain a stable business. Wei repeated an earlier forecast that sales will grow more than 30 percent in 2026.
The company raised that outlook only weeks before the June 4 meeting. TSMC, Taiwan’s largest company and Asia’s largest company, has been building plants outside Taiwan to increase output. Wei indicated those additions will still leave capacity short of demand.
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