Taiwan Semiconductor Manufacturing Co. Ltd.
(NYSE:TSM) is poised to extend its record profit streak to six quarters Thursday, with investors also watching for any hint of how much more it will spend on artificial intelligence chip capacity in 2027. 3 billion ($14 billion) a year earlier.
4% year over year, would extend the streak. 18 billion) analysts expected.
Read Also: Rising Food and Fuel Prices Test Trump’s Support in Ohio as GOP Defends Senate Seat and Governor’s Office Capex Is the Number to Watch TSMC raised its 2026 capital spending budget in July to $60 billion to $64 billion from $52 billion to $56 billion. ” TSMC usually saves that number for January, he added, but he would not be surprised by a hint on Thursday’s call, scheduled for 2 AM ET.
Pricing Power Backs Profit Mugalli sees an AI chip cycle limited by supply. “The constraint isn’t demand.
It’s how fast TSMC, and the companies that sell it tools, can build,” he added. TSMC is reportedly planning to raise wafer prices 3% to 6% from January 2027, with steeper increases for its most advanced processes, according to DigiTimes.
Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan said Monday that access to capital could become a bigger obstacle for AI than chip or power shortages, while Intel Corp.
(NASDAQ:INTC) CEO Lip-Bu Tan flagged rising financing costs and uncertainty over investment returns. 73% in after-hours trading.
25% in an Asian chip selloff tied to AI funding worries. Benzinga Edge rankings indicate TSMC’s NYSE-listed stock has a Momentum score in the 87th percentile and a Growth score in the 85th percentile.
See More: Top Momentum Stocks Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
