The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Capital · operating

~$88B/yr operating cash flow (TTM TWD 2,634,679M at 30; FY2025 TWD 2,274,976M ~= $76B) — self-funded

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

Sourced figures 1


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.