Taiwan Semiconductor (TSM) reported a record 37% year-over-year revenue surge for January, though shares closed down 1.60% at $368.10 amid broader market skepticism. CEO C.C. Wei significantly raised the 2026 capital expenditure guidance to $52–$56 billion to meet insatiable AI chip demand.
- The aggressive expansion targets advanced 2nm and 1.6nm nodes, with Nvidia projected to surpass Apple as the company's largest customer this year.
- Despite the record NT$401.26 billion in monthly revenue, the stock faced pressure due to concerns regarding the long-term sustainability of AI infrastructure spending.