TSMC Projects $56 Billion Capital Spending for 2026
Written by Emily J. Thompson, Senior Investment Analyst
Source: CNBC
- Capital Expenditure Outlook: TSMC anticipates capital spending to rise to between $52 billion and $56 billion in 2026, indicating robust growth potential in the global semiconductor market and reinforcing its industry leadership.
- Trade Agreement Impact: The U.S.-Taiwan trade deal mandates Taiwanese semiconductor firms to invest at least $250 billion in U.S. production capacity in exchange for lower 'reciprocal' tariffs, which is expected to enhance market share for TSMC and its partners.
- Market Reaction: Despite mixed performances in Asia-Pacific markets, TSMC's strong results have attracted investor attention, driving up related chip stocks and reflecting increased market confidence in the semiconductor sector.
- U.S. Economic Data: The latest jobless claims data from the U.S. showed 198,000 applications, lower than the expected 215,000, further supporting optimistic market sentiment regarding economic recovery and boosting bank and semiconductor stocks.
Analyst Views on MS
Wall Street analysts forecast MS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MS is 176.08 USD with a low forecast of 157.00 USD and a high forecast of 198.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 180.780
Low
157.00
Averages
176.08
High
198.00
Current: 180.780
Low
157.00
Averages
176.08
High
198.00
About MS
Morgan Stanley is a global financial services company. The Company is engaged in providing a range of investment banking, securities, wealth management and investment management services. Its segments include Institutional Securities, Wealth Management and Investment Management. Its Institutional Securities segment provides a variety of products and services to corporations, governments, financial institutions and ultra-high net worth clients. Its Wealth Management segment provides an array of financial services and solutions to individual investors and small to medium-sized businesses and institutions. Its Investment Management segment provides a range of investment strategies and products that span geographies, asset classes, and public and private markets to a diverse group of clients across institutional and intermediary channels. Its investment banking services consist of capital raising and financial advisory services, including the underwriting of debt and other products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
