C.C. Wei

Money Moves

Leading TSMC through its AI capacity expansion

TSMC's board approved up to $500 million for Anthropic common shares at the company's initial public offering price, and up to $500 million for OpenAI preferred stock. The same meeting cleared about $40.9 billion in capital spending and a NT$9.0 per-share quarterly dividend.

Updated Yesterday

Money Moves

Leading TSMC through sustained AI demand and US expansion

TSMC makes over 90% of the world's most advanced chips, the processors that power AI systems from Nvidia, Apple, and others. In 2026, the company raised its capital spending budget to $60-64 billion, up from $52-56 billion planned in January. It posted record profits in each of the first two quarters and again in Q3, when net profit jumped 69% year over year. On October 15 it said it will build another 3nm fab in Tainan, with production set for the first half of 2028.

Updated Nov 2

Money Moves

As of August 2026: Expanding TSMC's presence in Japan

For decades, Sony designed and built its own camera chips from start to finish. On August 11, 2026, it agreed to stop doing the second half alone.

Updated Aug 11

Money Moves

As of May 2026: Overseeing massive US expansion

The United States produced 37% of the world's semiconductors in 1990, but by 2024 that share had fallen below 10%, with Taiwan manufacturing over 90% of the most advanced chips. A $500 billion US-Taiwan trade framework was initiated with a January 16, 2026 memorandum and formally signed February 12.

Updated May 21