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TSMC CEO: Full-scale expansion still struggles to meet strong AI demand
ME News Report, April 16 (UTC+8), according to Beating Monitoring, TSMC executives announced at the earnings call on Thursday afternoon that the company’s capital expenditure is expected to approach the upper end of the range of approximately $52 billion to $56 billion by 2026. When asked about the source of confidence supporting this level of capital expenditure, TSMC Chairman and CEO Wei Zhejia replied: “The answer is simple, demand is extremely strong, especially for high-performance computing and artificial intelligence applications. We are accelerating and pre-purchasing equipment, but supply remains tight, and demand continues to grow. That’s why capital expenditure points to the upper limit of the range.” (Source: BlockBeats)