Taiwan Semiconductor Manufacturing Co. (TSMC) projects its sales to grow by nearly 30 per cent in 2026, driven by robust demand for artificial intelligence (AI) and a recovery in non-AI applications. The company also plans to expand its capital expenditure by as much as 37 per cent to accomm
The government's capex has seen a threefold increase over the past five years, but this growth may be reaching its peak.
As the government steps back, the private corporate sector is set to take the lead. With strong corporate balance sheets and direct government incentives, companies are ra