TSMC Revenue Jumps 37% in January While AI Spending Marches On

[Daniel Nenni]

HSINCHU, Taiwan, R.O.C. – Feb. 10, 2026 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for January 2026: On a consolidated basis, revenue for January 2026was approximately NT$401.26 billion, an increase of 19.8 percent from December 2025 and an increase of 36.8 percent from January 2025.TSMC January Revenue Report (Consolidated):

TSMC Spokesperson:
Wendell Huang
Senior Vice President and CFO

TSMC Deputy Spokesperson:
Nina Kao
Head of Public Relations
Tel: 886-3-563-6688 ext.7125036
Mobile: 886-988-239-163
E-Mail: press@tsmc.com

Media Contacts:
Ulric Kelly
Public Relations
Tel: 886-3-563-6688 ext. 7126541
Mobile: 886-978-111-503
E-Mail: press@tsmc.com

 

[Daniel Nenni]

It looks like TSMC will be able to back up the $56B CAPEX, absolutely.

 

[user nl]

HSINCHU, Taiwan, R.O.C. – Feb. 10, 2026 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for January 2026: On a consolidated basis, revenue for January 2026was approximately NT$401.26 billion, an increase of 19.8 percent from December 2025 and an increase of 36.8 percent from January 2025.TSMC January Revenue Report (Consolidated):

View attachment 4188

That is about 12.7 B$ revenue in a single month. Intel Foundry reports about 4.5$ / quarter, almost 10x less than TSMC.

 

[Daniel Nenni]

That is about 12.7 B$ revenue in a single month. Intel Foundry reports about 4.5$ / quarter, almost 10x less than TSMC.

True and I do not see anything stopping TSMC. They own 3nm and 2nm will be the same. Another 5 years of prosperity, absolutely.

 

[user nl]

It looks like TSMC will be able to back up the $56B CAPEX, absolutely.

TSMC management gave a very confident 30% annual revenue growth rate till 2029 in their last reporting in Jan 2026. If one assumes they will stick with their relative capex intensity spend of around 35%, the coming years the cumulative capex amount TSMC will invest to fund the 3nm, 2 nm, 16A/14A and start of 10A and the advanced packaging till 2029 will be some 350 B$ !

Luckily TSMC has some interesting tax credits from US government (ICT 35%) and also the Taiwan government (25% on R&D and 5% on tools).

 

[user nl]

https://focustaiwan.tw/business/202602100029

Taipei, Feb. 10 (CNA) Taiwan Semiconductor Manufacturing Co's (TSMC) board of directors on Tuesday approved a US$44.96 billion capital budget to bolster advanced and specialty technology capacity, upgrade advanced packaging, and fund fab construction.

The funding targets the installation and upgrade of advanced, mature and specialty technology capacity as well as advanced packaging, while also supporting the construction of new fabrication plants and the installation of essential facility systems.

The company said in a statement that the appropriation ensures it can fulfill its long-term technology roadmap and meet rising global demand, following the company's first-ever board meeting in Kumamoto, Japan.