Bank of America Sees TSMC 2027 Capex Up to $85 Billion
Bank of America raises its view of TSMC’s 2027 capital spending to as much as $85 billion, above a roughly $75 billion Wall Street estimate and its prior $78 billion forecast. It expects 70% to 80% of 2026 spending for advanced processes, and says Arizona results have improved—sales rose 17% quarter over quarter and 145% year over year.