Board MeetingMay 12, 2026, 08:12 AM
TSMC Approves $31.28B Capital Appropriations, $20B for Arizona
AI Summary
TSMC's Board of Directors approved significant capital appropriations of approximately $31.28 billion for advanced technology capacity and fab construction. The board also authorized a capital injection of up to $20 billion into its wholly-owned subsidiary, TSMC Arizona. Additionally, the company reported strong Q1 2026 results with consolidated revenue of NT$1,134.10 billion and net income of NT$572.48 billion, and approved a cash dividend of NT$7.0 per share for the quarter. Several personnel promotions were also approved.
Key Highlights
- Approved capital appropriations of approximately $31,284.30 million for advanced technology capacity and fab construction.
- Approved capital injection of not more than $20 billion to TSMC Arizona, a wholly-owned subsidiary.
- Approved Q1 2026 consolidated revenue of NT$1,134.10 billion.
- Approved Q1 2026 net income of NT$572.48 billion, with diluted EPS of NT$22.08.
- Approved a NT$7.0 per share cash dividend for Q1 2026, payable October 8, 2026.
- Approved promotion of Mr. Jonathan Lee to Senior Vice President and three others to Vice President.