Wei Zhejia: AI demand shows no signs of slowing down and capital expenditures in the next three years will be significantly higher than in the past

TSMC President Wei Zhejia said that AI demand is still very strong.

Wafer foundry leader TSMC (2330) held a press conference today (15th). TSMC President Wei Zhejia said that AI demand is still very strong. In addition to AI accelerators, increased market demand for higher-efficiency AI CPUs has also been observed. The overall demand may still be much higher than the current production capacity. "There is no sign of demand slowing down."

Wei Zhejia pointed out that the demand for AI continues to increase. The main driving forces include the popularization of generative AI applications, the increase in the adoption of open source AI models, the strong demand for AI accelerators, the demand for AI CPUs and Netcom chips. The importance of semiconductors in the development trend of AI will continue to increase, creating more value opportunities for customers and TSMC.

With its technological leadership, manufacturing strength, global production capacity expansion and customer trust, TSMC has the ability to grasp the multi-year structural demands brought about by AI. Various AI companies are cooperating with TSMC because no matter what AI development path is adopted, the most advanced semiconductor process technology is required.

TSMC’s capital expenditure this year maintains its previous estimate of US$60 billion to US$64 billion. Wei Zhejia also said that in response to continued strong customer demand for AI, capital expenditures from 2026 to 2028 will be significantly higher than in the past three years. He is highly confident in the long-term trend of AI and will increase investment to support customer demand.