TSMC raises outlook amid growing chip demand
Originally published Jul 16, 2026
By Debby Wu · Bloomberg — Technology
AI-generated summary based on Bloomberg — Technology · Aggregated by OffScreenSpace · Human-reviewed and approved on Jul 16, 2026
Key points
- TSMC lifted its spending outlook for this year.
- Revenue forecasts were also raised by the company.
- Demand for chips and data centers is expected to grow until 2027.
Taiwan Semiconductor Manufacturing Co. has increased its spending and revenue forecasts for the current year. The company says it expects strong growth in chip and data‑center demand to continue through 2027.
The revised projections reflect TSMC's confidence that the market momentum will sustain its expansion over the next several years.
Read the original story: Bloomberg — Technology — by Debby Wu