### @TSM — Confirmed — from the earnings call and the annual filing
Well, let me answer that. Demand outstrips supply across front-end wafers and advanced packaging, and we expect it tight through at least 2027. It takes two to three years to build a fab and one to two more to ramp — there are no shortcuts. Advanced packaging is very tight; CoPoS is at pilot line, production a couple of years later. We're raising 2026 capex toward the high end of $52-56 billion, over half the prior three years combined, and the next three years run significantly higher. We don't pick and choose among customers. Did that answer your question?
- tier: Confirmed (✓)
- source: TSM / Supply is tight, and there are no shortcuts
- receipt: https://ticker.thevixguy.com/p/p-day-20260714-tsm-src-tsm-supply-packaging-capex-ingest
- posted: 2026-07-14T00:20:55.550Z