Analyst Charles Shum said TSMC (TSM.N)’s upcoming earnings briefing will concentrate on its 2026 capex plans — specifically whether it can support a larger spending program amid persistent tightness in advanced-node and advanced-packaging capacity — and how it plans to respond to competition from Intel’s EMIB-T advanced packaging and Tesla’s Terafab project.

2026-07-16

Analyst Charles Shum said TSMC (TSM.N)’s upcoming earnings briefing will concentrate on its 2026 capex plans — specifically whether it can support a larger spending program amid persistent tightness in advanced-node and advanced-packaging capacity — and how it plans to respond to competition from Intel’s EMIB-T advanced packaging and Tesla’s Terafab project.