According to a research report published by J.P. Morgan Chase, due to the widening gap between the supply and demand for advanced wafers and strong demand for artificial intelligence, it is believed that TSMC is likely to accelerate the pace of production expansion by 2028. With the addition of a new plant at the N3 fab, a sharp rise in N2 production capacity, and an early advance in A14 production capacity, the bank expects TSMC's capital expenditure to increase to 90 billion and 109 billion US dollars in 2027 and 28, respectively. With strong overall average price increases and advanced production capacity growth, the bank expects TSMC's revenue in US dollars to increase by 40% and 28%, respectively, in 2027 and 28. The bank maintained the “increase” rating of Radio TSMC shares, with a target price of NT$3,300.

According to a research report published by J.P. Morgan Chase, due to the widening gap between the supply and demand for advanced wafers and strong demand for artificial intelligence, it is believed that TSMC is likely to accelerate the pace of production expansion by 2028. With the addition of a new plant at the N3 fab, a sharp rise in N2 production capacity, and an early advance in A14 production capacity, the bank expects TSMC's capital expenditure to increase to 90 billion and 109 billion US dollars in 2027 and 28, respectively. With strong overall average price increases and advanced production capacity growth, the bank expects TSMC's revenue in US dollars to increase by 40% and 28%, respectively, in 2027 and 28. The bank maintained the “increase” rating of Radio TSMC shares, with a target price of NT$3,300.