TSMC is holding 2026 capex at up to $64B because of tool constraints, not demand. That is the AI supply chain in one line. ASML sold 113 new litho systems vs 86 prior quarter, gross margin 57.5%, and

What happened: TSMC kept its 2026 investment plan at up to $64 billion, citing tight equipment supplies and the need to coordinate with suppliers early. ASML reported higher quarterly revenue and margins. Key numbers: TSMC 2026 investment range $60 billion to $64 billion. Why it matters: ASML said its capacity plans would leave some customer demand unmet in 2027 and 2028, and it is assessing expansion beyond a previously communicated 30% capacity increase for 2028. TSMC said it was taking a cautious approach to 2027 planning.

TSMC maintaining up to $64 billion 2026 spending despite tool constraints signals sustained AI capex.

TSMC maintaining up to $64 billion 2026 spending despite tool constraints signals sustained AI capex. — impact context not separately stored; see What changed.