TSMC is trading 3.9% down at BRL 252.43 as investors react negatively to the company’s sharply higher capital expenditure plans tied to surging AI chip demand.
- Despite reporting record Q2 profits and strong revenue growth, guidance for a major 2026 spending increase has sparked concerns regarding future margins, cash flow, and long-term returns.
- A massive US$100 billion Arizona expansion—bringing total investment to US$265 billion—is pressuring both TSMC shares and the broader semiconductor sector.