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TSMC Board Approves US$29.4 Billion Capex, Q2 Dividend and Sony Image-Sensor JV

TSMC Board Approves US$29.4 Billion Capex, Q2 Dividend and Sony Image-Sensor JV
Story Highlights
  • TSMC reported strong first-half 2026 results, with Q2 net income of NT$706.56 billion and basic EPS for the six months reaching NT$49.33, underscoring its profitability and balance sheet strength.
  • The board approved a NT$7 per share Q2 dividend with new U.S.-dollar payout options for foreign investors and authorized US$29.44 billion in capex plus a Sony joint venture, deepening capacity and image-sensor capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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TSMC ( (TSM) ) has shared an announcement.

On August 11, 2026, TSMC’s board in Hsinchu approved the company’s second-quarter 2026 business report, posting consolidated revenue of NT$1,270.38 billion and net income of NT$706.56 billion, equivalent to diluted earnings per share of NT$27.25. The board also reported that for the first half of 2026, net sales reached NT$2,404.48 billion and net income NT$1,279.58 billion, with basic earnings per share of NT$49.33, while total assets stood at NT$9,375.65 billion and equity attributable to shareholders at NT$6,432.52 billion as of June 30.

The board declared a NT$7.0 per share cash dividend for the second quarter of 2026, setting December 16, 2026 as the record date and January 7, 2027 as the payment date, and introduced for the first time an option for eligible foreign shareholders to receive dividends in U.S. dollars, including for TSMC’s American Depositary Shares. In a significant capacity and technology expansion move, directors approved capital appropriations of about US$29.44 billion for advanced technology, packaging and fab construction, and backed a new joint venture with Sony Semiconductor Solutions to develop and manufacture next-generation image sensors, signaling continued heavy investment in leading-edge manufacturing and diversified growth opportunities.

The most recent analyst rating on (TSM) stock is a Buy
with a $554.00 price target.
To see the full list of analyst forecasts on TSMC stock,
see the TSM Stock Forecast page.

Spark’s Take on TSM Stock

According to Spark, TipRanks’ AI Analyst, TSM is a Outperform.

Overall score is driven primarily by very strong financial performance (high margins, improving growth, and conservative leverage) and an upbeat earnings outlook led by AI/HPC demand and raised full-year expectations. The main constraints are weak near-term technical momentum (below key moving averages with negative MACD) and a somewhat demanding valuation with a low dividend yield, alongside guided near-term margin dilution from the N2 and overseas ramp.

To see Spark’s full report on TSM stock,
click here.

More about TSMC

Taiwan Semiconductor Manufacturing Co., the world’s leading dedicated semiconductor foundry, manufactures chips for a broad range of global customers using advanced, specialty and advanced packaging processes. Headquartered in Hsinchu, Taiwan, the company operated 305 distinct process technologies and produced 12,682 products for 534 customers in 2025, with operations spanning Asia, Europe and North America.

TSMC’s pure-play foundry model underpins a wide ecosystem of design partners and technology platforms, positioning the company at the core of the global semiconductor supply chain. Its scale, technology roadmap and geographic footprint make it a critical supplier for high-performance computing, consumer electronics and automotive markets, reinforcing its systemic importance to investors and downstream manufacturers.

Average Trading Volume: 14,073,157

Technical Sentiment Signal: Buy

Current Market Cap: $1907.1B

Find detailed analytics on TSM stock on TipRanks’ Stock Analysis page.

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