Capital budget guidance for the year
TSMC on 2025. Every value ever published for this period, in the order it was issued. Nothing here is computed: no delta, no percentage, no judgement about the movement.
On the record now
Issued 2025-10-16 by TSMC · TSMC 3Q25 Earnings Conference Transcript (investor.tsmc.com; transcript produced by Refinitiv/LSEG StreetEvents)
Everything published for this period
4 statements. Ordered by the date each was issued.
| Issued | Value as published | Source | |
|---|---|---|---|
| 2025-01-16 | between US$38 billion and US$42 billion | first on the record | TSMC Reports Fourth Quarter EPS of NT$14.45 (earnings release, exhibit to Form 6-K) |
| 2025-04-17 | between USD38 billion and USD42 billion | repeated | TSMC 1Q25 Earnings Conference Transcript (investor.tsmc.com; transcript produced by Refinitiv/LSEG StreetEvents) |
| 2025-07-17 | between USD38 billion and USD42 billion | repeated | TSMC 2Q25 Earnings Conference Transcript (investor.tsmc.com; transcript produced by Refinitiv/LSEG StreetEvents) |
| 2025-10-16 | between USD40 billion and USD42 billion | restated | TSMC 3Q25 Earnings Conference Transcript (investor.tsmc.com; transcript produced by Refinitiv/LSEG StreetEvents) |
The result
No result for this period is on the record. That means this record does not hold one, which is not the same as the publisher not having reported one.
Cite this
The figure, the publisher, the date it was issued, the source, and what it replaced. The last of those is the part no other source can give you. Every qualifier the publisher attached travels with it.
For a memo
TSMC, capital budget guidance for the year, target 2025: between USD40 billion and USD42 billion, issued 2025-10-16. Previously between USD38 billion and USD42 billion, issued 2025-07-17. Source: TSMC 3Q25 Earnings Conference Transcript (investor.tsmc.com; transcript produced by Refinitiv/LSEG StreetEvents), https://investor.tsmc.com/english/encrypt/files/encrypt_file/reports/2025-10/6860312f04fd291d0f26b46c1234f84e6332717e/TSMC%203Q25%20Transcript.pdf#page=4. Recorded by Silicon Almanac, which retains every prior value: https://siliconalmanac.com/figure/tsmc-capex-guidance/2025/
Everything in one paragraph, including what this figure replaced.
For the bottom of a slide
Source: TSMC (2025-10-16), TSMC 3Q25 Earnings Conference Transcript (investor.tsmc.com; transcript produced by Refinitiv/LSEG StreetEvents). Revision history: https://siliconalmanac.com/figure/tsmc-capex-guidance/2025/
One line. The value is deliberately not repeated here: on a slide the number is on the slide, and a footnote that restates it is one edit away from disagreeing with it.
For a spreadsheet
publisher figure target_period value_as_published issued qualifiers source_title source_url previous_value previous_issued figure_page retrieved TSMC Capital budget guidance for the year 2025 between USD40 billion and USD42 billion 2025-10-16 TSMC 3Q25 Earnings Conference Transcript (investor.tsmc.com; transcript produced by Refinitiv/LSEG StreetEvents) https://investor.tsmc.com/english/encrypt/files/encrypt_file/reports/2025-10/6860312f04fd291d0f26b46c1234f84e6332717e/TSMC%203Q25%20Transcript.pdf#page=4 between USD38 billion and USD42 billion 2025-07-17 https://siliconalmanac.com/figure/tsmc-capex-guidance/2025/
Two lines, tab separated: the headings and one row. Tabs rather than commas because several of these values contain commas, and quoting rules are a second thing to get wrong. The columns do not line up on screen and do line up once pasted.
Keep this citation on your desk → The desk keeps the value you took and the date you took it, and tells you if the publisher restates it.
Elsewhere in this record
No values here, only where to find them. Two figures put side by side is a comparison, and a comparison this site chose would be a claim it did not source.
The same figure, other periods: 2026
Other figures from TSMC on this record: