TSMC(US:TSM) Sou Hu Cai Jing·2026-01-16 10:16Core Insights - TSMC expects a nearly 30% increase in overall revenue in 2026 when calculated in USD [1] - The global "foundry 2.0" industry is projected to grow by 14% year-on-year in 2026, with TSMC's revenue reaching 35.9% in 2025 [1] Revenue Growth - TSMC's revenue growth in the "foundry 2.0" sector was 16% in 2025, while the company anticipates a 14% growth for the industry in 2026 [1] - AI accelerators contributed over 10% to TSMC's revenue in 2025, with a projected CAGR of nearly 60% from 2024 to 2029 [1] - TSMC forecasts a CAGR of nearly 25% for overall revenue in USD from 2024 to 2029 [1] Segment Contributions - Advanced packaging is expected to contribute approximately 8% to TSMC's total revenue in 2024, increasing to over 10% in 2025, and exceeding ten percentage points by 2026 [1] - Advanced packaging and mask manufacturing will account for 10-20% of TSMC's capital expenditures in 2026, higher than previous levels [1] Market Conditions - TSMC has not observed changes in customer behavior in the PC and mobile sectors due to the memory supply crisis, as high-value mobile chip supplies are less sensitive to memory price fluctuations [3] - The company has confirmed a reduction in 8-inch and 6-inch production capacity but will continue to support customers in these areas [3]