The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Capital · deployed

~$50B/yr capex actually spent (TTM TWD 1,491,123M at 30) climbing toward $60-64B FY2026 guidance; AZ/JP/DE fab buildouts; + CHIPS $6.6B grant + up to $5B loans

high confidence · as of 2026-07-26 · about TSMC

Sourced figures 2


the working

Threads 1

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to TSMC.