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Taiwan Semiconductor Manufacturing (TSMC) raised its annual dividend to TWD 23 per share for 2026, a 28% increase from TWD 18 in 2025. The company projects 38% revenue growth for Q1 2026, driven by AI chip demand.

Despite geopolitical risks related to Taiwan, TSMC's January revenue grew 37% year-over-year. The company anticipates a long-term revenue CAGR of approximately 25% through 2029, with AI accelerators expected to grow at a mid- to high-50% CAGR. Analysts remain optimistic, with 17 of 18 rating TSM as Buy or Strong Buy.