Bank of America Lifts TSMC 2027 Capex Forecast as Demand for Advanced Chips Strengthens
Bank of America analysts have raised their 2027 capital expenditure forecast for Taiwan Semiconductor Manufacturing Company (TSMC) to $75 billion, up from a prior estimate of $63 billion and above the street consensus of $65 billion. The revision follows board approval of NT$31 billion in capital appropriations, with a larger share directed to adva…