Strong AI infrastructure demand: TSMC expects revenue to grow by more than 30% in 2026

Golden Ten Data reported on June 4th that TSMC (TSM.N) stated on Thursday that due to continued investment in artificial intelligence infrastructure driving strong demand for all types of semiconductors, revenue is expected to grow by more than 30% in 2026. TSMC Chairman and CEO C.C. Wei said at the annual shareholders meeting that the company now expects its US dollar-denominated revenue to grow by 30%, consistent with the latest forecast on its earnings call, and higher than the early projection of 25% in January. The company continues to build more capacity to meet customers’ unprecedented demand for large-scale AI computing infrastructure. However, Wei also stated that the continuous rise in electronic component prices could hurt the consumer electronics industry, and that his company is closely monitoring the situation in the Middle East: “We continue to monitor the impact of rising electronic component prices, especially in price-sensitive sectors and the consumer electronics market. Meanwhile, recent tensions in the Middle East have added further uncertainty to the outlook.”