Taiwan Semi’s AI Spending Spree Tests Investor Nerves as Capex Surges - Taiwan Semiconductor (NYSE:TSM)

TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending…

TSMC raised its 2026 capex forecast to $60-64 billion from $52-56 billion. Record revenue was not enough. The Nasdaq 100 fell 1.4%. The chip index is down 19%.