TSM ▼ -1.5% - Taiwan Semiconductor Manufacturing Company Limited $TSM CHIP TOOL NEEDS NEARLY DOUBLE AS AI DEMAND SURGES TSMC says its estimate for quarterly chipmaking-equipment purchases is now ~1.9x what it projected in December as it races to add capacity for AI demand. The company is currently building and outfitting about 20 factories globally, versus a typical pace of just 4-5 at once, while also dealing with a shortage of experienced construction workers in Taiwan. TSMC says customers including NVIDIA and AMD continue raising orders, and despite expanding at 4-5x its normal pace, it still can’t fully meet demand. TSMC shares fell 1.5% today despite the company revealing nearly doubled equipment spending plans to meet surging AI chip demand from customers like NVIDIA and AMD. The stock's decline suggests investors may be focused on execution risks, including the company's struggle to find experienced construction workers in Taiwan while simultaneously building and outfitting roughly 20 factories—far above its typical pace of 4-5 at once. 02-SEP-2026 06:41 AM ET