TSMC raised capex guidance to $64 billion despite strong earnings, signaling aggressive capacity expansion to serve Nvidia and hyperscaler demand.

TSMC raised capex guidance to $64 billion despite strong earnings, signaling aggressive capacity expansion to serve Nvidia and hyperscaler demand.

Locks in years of CoWoS shortage relief; TSMC's bet on demand sustainability is more bullish than market sentiment, backing Nvidia's multi-year growth thesis.