TSMC maintains capex

TSMC has reiterated its expectation for 2025 capital expenditure to fall in the 38-42 billion US dollar range, despite the uncertainty surrounding US trade policy. “We haven’t seen any change in our customers’ behavior so far,” CEO CC Wei says. This lines up with ASML’s take on the situation. While the Veldhoven-headquartered firm warned of increased uncertainty, it stood by its 2025 sales forecast. TSMC also maintained its revenue growth outlook for the year, expecting mid-20 percent growth driven by robust demand for 3nm and 5nm semiconductors.