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Morris Chang

Morris Chang

Founder and former Chairman, TSMC

Appears in 1 story

Stories

TSMC's $56 billion bet on AI supremacy

Money Moves

Made first public appearance in over a year January 2026

TSMC manufactures over 90% of the world's most advanced chips. On January 15, 2026, the company announced it would spend up to $56 billion this yearβ€”a 37% increase from 2025β€”to expand capacity for AI processors. Net profit jumped 35% to a record $16 billion, and the company projected 30% revenue growth for 2026. The same day, the U.S. and Taiwan finalized a $250 billion trade agreement committing Taiwanese companies to expand semiconductor manufacturing in America.

Updated Feb 4