TSMC: Board of Directors' Resolutions
Taiwan Semiconductor Manufacturing Company (TSMC) announced strong financial results for Q1 2026, approved a cash dividend of NT$7 per share, a capital budget of US$31.2843 billion for future capacity, an additional investment of up to US$20 billion in TSMC Arizona, and several personnel promotions.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 09:19 (1h 19m after Collected)
1. Date of occurrence of the event: May 12, 2026
2. Company name: Taiwan Semiconductor Manufacturing Company Limited
3. Relationship with the company (please enter 'our company' or 'subsidiary'): Our company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: Not applicable
6. Countermeasures: Not applicable
7. Other matters to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholders' equity or securities prices):
TSMC's Board of Directors convened today (May 12) and made the following important resolutions:
I. Approved the 2026 first-quarter business report and financial statements, with consolidated revenue of approximately NT$1,134.1 billion, after-tax net profit of approximately NT$572.48 billion, and earnings per share of NT$22.08.
II. Approved a cash dividend of NT$7.0 per share for the first quarter of 2026. The record date for common stock dividend distribution is September 22, 2026, and the ex-dividend trading date is September 16, 2026. In accordance with Article 165 of the Company Act, the period for suspending common stock transfer registrations is from September 18, 2026, to September 22, 2026 (inclusive), which is five days before the record date for dividend distribution. The dividend will be distributed on October 8, 2026. Furthermore, for TSMC's American Depositary Receipts listed on the New York Stock Exchange, both the ex-dividend trading date and the record date for distribution are September 16, 2026.
III. Approved a capital budget of approximately US$31.2843 billion to meet long-term capacity planning based on market demand forecasts and technology development roadmaps. This mainly includes: 1. Building advanced process capacity; 2. Construction of factory buildings and facility engineering.
IV. Approved an additional investment of up to US$20 billion in TSMC Arizona, a wholly-owned subsidiary of the company.
V. Approved the following personnel promotions:
1. Promotion of Mr. H.C. Li, Vice President of Corporate Planning Organization, to Senior Vice President.
2. Promotion of Mr. Y.H. Wu, Senior Director of Quality and Reliability Organization, to Vice President.
3. Promotion of Dr. Y.C. Ku, Senior Director of Nanometric Imaging Technology Development, Research and Development Organization, to Vice President.
4. Promotion of Mr. J.S. Lu, Senior Director of Intelligent Manufacturing Center, Operations Organization, to Vice President.
2. Company name: Taiwan Semiconductor Manufacturing Company Limited
3. Relationship with the company (please enter 'our company' or 'subsidiary'): Our company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: Not applicable
6. Countermeasures: Not applicable
7. Other matters to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholders' equity or securities prices):
TSMC's Board of Directors convened today (May 12) and made the following important resolutions:
I. Approved the 2026 first-quarter business report and financial statements, with consolidated revenue of approximately NT$1,134.1 billion, after-tax net profit of approximately NT$572.48 billion, and earnings per share of NT$22.08.
II. Approved a cash dividend of NT$7.0 per share for the first quarter of 2026. The record date for common stock dividend distribution is September 22, 2026, and the ex-dividend trading date is September 16, 2026. In accordance with Article 165 of the Company Act, the period for suspending common stock transfer registrations is from September 18, 2026, to September 22, 2026 (inclusive), which is five days before the record date for dividend distribution. The dividend will be distributed on October 8, 2026. Furthermore, for TSMC's American Depositary Receipts listed on the New York Stock Exchange, both the ex-dividend trading date and the record date for distribution are September 16, 2026.
III. Approved a capital budget of approximately US$31.2843 billion to meet long-term capacity planning based on market demand forecasts and technology development roadmaps. This mainly includes: 1. Building advanced process capacity; 2. Construction of factory buildings and facility engineering.
IV. Approved an additional investment of up to US$20 billion in TSMC Arizona, a wholly-owned subsidiary of the company.
V. Approved the following personnel promotions:
1. Promotion of Mr. H.C. Li, Vice President of Corporate Planning Organization, to Senior Vice President.
2. Promotion of Mr. Y.H. Wu, Senior Director of Quality and Reliability Organization, to Vice President.
3. Promotion of Dr. Y.C. Ku, Senior Director of Nanometric Imaging Technology Development, Research and Development Organization, to Vice President.
4. Promotion of Mr. J.S. Lu, Senior Director of Intelligent Manufacturing Center, Operations Organization, to Vice President.