Time Management

January 18, 2026, 2:04 PM EST. TSMC posted Q4 net income of NT$505.7 billion (about $16 billion) and revenue of $33.7 billion, up 35% and 25.5% year over year, respectively. The company forecast nearly 30% revenue growth in 2026 and plans to spend $52-56 billion on capital expenditure, up from $40.9 billion in 2025. CEO Wei said he verified AI demand by speaking with cloud providers and found evidence that AI is helping their business. The results arrive as a US-Taiwan trade deal trims tariffs to 15% and commits $250 billion of direct US investment, with TSMC accelerating its Arizona fab expansion. Some investors remain wary of a bubble, but Wei argues demand is real.