Basic salary adjustments + encouragement to buy stocks, TSMC is aiming to bind employees to the long-term narrative of the 2nm race. The 30% dividend growth sounds great, but the capital expenditure sword is hanging.

According to Beating monitoring, TSMC's Wei Zhejia held a company-wide meeting on May 27 to quell rumors of reduced dividends, stating that if performance remains flat compared to last year, dividends in 2026 could increase by over 30%, and emphasizing that there is no cap on distribution.
The incident originated from internal complaints in mid-May, questioning why Q1 dividends did not increase significantly with profits, and rumors that May dividends would be cut by 10–20%.
He stated that there are no structural salary increase plans at the moment, with annual adjustments favoring grassroots employees, and also encouraged stock purchases.
The company is expanding 12 wafer fabs to tackle 2nm/1.4nm processes, with huge capital expenditures, which conflicts with dividend demands.