Taiwan Semiconductor Manufacturing Co. (TSMC) approved a capital budget of approximately $29.44 billion. The board designated these funds for expanding advanced process technology and upgrading packaging capabilities. The investment includes the construction of new fabrication plants to meet global artificial intelligence demand.
This represents the third major capital infusion for the company in 2026. Total approved spending for the year now reaches nearly $106 billion. The board also authorized a cash dividend of NT$7.0 per share for the second quarter.