TSMC Raises 2026 Outlook and SK Hynix Announces Major Chipmaking Expansion Amid Soaring AI Demand

Taiwan Semiconductor Manufacturing Company (TSMC) has increased its 2026 outlook, attributing the positive revision to accelerating demand related to artificial intelligence and outlining a substantial $64 billion capital-spending plan to meet the sustained need for leading-edge chips. Concurrently, SK Hynix has revealed plans for a 54 trillion won (US$38 billion) expansion of its chipmaking facilities in South Korea, which includes the construction of new DRAM and NAND fabrication plants. This significant investment directly addresses the continuously growing demand for memory in the artificial intelligence era.