tech
January 16, 2026
TSMC says AI demand is “endless” after record Q4 earnings
Amid fears of bubble, world’s top chipmaker TSMC says customers just keep asking for more.
TL;DR
- TSMC reported record fourth-quarter earnings with NT$505.7 billion net income and $33.7 billion in revenue.
- CEO C.C. Wei believes AI represents a "megatrend" and anticipates "endless" demand for AI chips for many years.
- The company plans significant capital expenditures, between $52 billion and $56 billion, for the current year.
- Wei confirmed customer demand by speaking directly with cloud service providers, who provided evidence of AI's business benefits.
- TSMC is accelerating the expansion of its Arizona facilities, aligning with a new US-Taiwan trade agreement involving substantial US investment from Taiwanese companies.