TSMC shareholder meeting: C.C. Wei says no risk of losing competitive edge, expects revenue growth to remain above 30% in 2026

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TSMC held its 2026 regular shareholders’ meeting in Hsinchu on June 4. Chairman and CEO C.C. Wei announced record-breaking results for 2025: consolidated revenue reached NT$3.8 trillion (approximately US$119 billion), up 31.6% year-on-year; net profit was NT$1.72 trillion, with diluted earnings per share of NT$66.25; and advanced process revenue share rose from 69% in 2024 to 74%. Looking ahead to 2026, TSMC expects full-year revenue growth to remain above 30%. In response to external doubts about whether Intel’s 18A process, Samsung Foundry, or Elon Musk’s planned TeraFab could pose competitive threats, Wei responded that TSMC „has never been short of competitors“ and that its strategy is to „keep beating its rivals.“ He made it clear that the company currently faces no risk of losing its competitive edge. Pressed further on Musk’s TeraFab plan, he brushed it off with a single remark: „I have only one conclusion — I wish him well.“