The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Capital · in

inflows: ~$148B/yr revenue (TTM TWD 4,440,492M at 30; FY2025 TWD 3,809,054M ~$127B) + US CHIPS $6.6B grant + $5B loans; equity — self-funded, no recent raise

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

Sourced figures 2


the working

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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.