On June 4, 2026, TSMC Chairman C.C. Wei and CEO addressed shareholders, delivering a strongly bullish outlook. Key...

On June 4, 2026, TSMC Chairman C.C. Wei and CEO addressed shareholders, delivering a strongly bullish outlook. Key points from multiple sources:

• Bloomberg (link): CEO warned that chip supply will not meet AI-fueled demand for years.
• Digitimes (link): TSMC sees no sign of capex slowdown as demand stays strong.
• Digitimes (link): Shareholders cleared record 2025 results, AI capacity roadmap in focus.
• CNA (link): Wei indicated possible additional US investment pending government approval, downplaying rival competition.
• Digitimes (link): SK and TSMC deepen HBM and advanced packaging tie-up, reinforcing supply chain leadership.
• Multiple (link, etc.): CEO reiterated that even TSMC can't make enough AI chips.
• Nvidia (link): Started shipping TSMC-backed CPO switches.
• Marvell/Google (link): Marvell wins Google TPU custom network chip design, set for 2027 production, benefiting TSMC.
• TaiwanPlus (link): AI boom creates winners across Taiwan's chip ecosystem.

The collective signal is that TSMC's AI demand is structurally exceeding supply, justifying sustained high capex and pricing power. This is positive for TSMC's revenue growth and margins, and supports the broader AI infrastructure buildout. Spillover beneficiaries include AI chip designers (NVDA, AMD, AVGO, MRVL, GOOGL) and device makers (AAPL, QCOM) reliant on TSMC's advanced nodes. The risk of supply constraints may pressure lead times but underscores TSMC's indispensable role.