TSMC Approves $29.4B Capex, Sony JV, Q2 Results, Dividend

Taiwan Semiconductor Manufacturing Company (TSMC) Board of Directors approved significant capital appropriations of approximately US$29.44 billion for advanced technology capacity, packaging, and fab construction to meet long-term market demand. The Board also approved the formation of a new joint venture with Sony Semiconductor Solutions Corporation for developing and manufacturing next-generation image sensors, with TSMC subscribing up to 282 billion Japanese yen in shares. Additionally, the Board approved the Q2 2026 financial results, reporting NT$1,270.38 billion in consolidated revenue, NT$706.56 billion in net income, and diluted EPS of NT$27.25. A cash dividend of NT$7.0 per share for Q2 2026 was also approved, payable on January 7, 2027, with an option for foreign shareholders to receive dividends in U.S. dollars.