Taiwan Semiconductor Manufacturing Company (TSM) Board Approves Major Investment

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 15 Best Aggressive Growth Stocks to Buy Right Now. On November 11, Taiwan Semiconductor Manufacturing Company Limited’s (NYSE:TSM) Board of Directors held a meeting and approved a budget of about $14.98 billion to support the company’s long-term capacity plans, which are based on market demand forecasts and the company’s technology development plans.

According to the report by Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), this capital will be used for fab construction, installation of fab facility systems, expanding advanced technology and packaging capabilities, and funding research and development in 2026, among other things.

Taiwan Semiconductor Manufacturing Company (TSM) Board Approves Major Investment

Earlier, on November 10, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) shared its revenue details for October 2025.

The company reported that its total revenue for October 2025 was around TWD 367.47 billion. This represents an increase of 11% from September 2025 and 16.9% year-over-year. For the period from January to October 2025, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported a revenue of TWD 3,130.44 billion, up 33.8% compared to the same period in 2024.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a Taiwanese multinational semiconductor contract manufacturing and design company that manufactures, packages, and tests integrated circuits for various industries.

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Disclosure: None. This article is originally published at Insider Monkey.