As of Q1'26, TSMC's cash and short-term investments reached $3.38T USD, marking a significant increase from the previous quarter, while total debt stood at $1.02T USD, reflecting a moderate uptick. This results in a robust net cash position of approximately $2.36T USD, underscoring the company's strong liquidity at the end of the period. Over the timeframe from Q2'23 to Q1'26, cash and short-term investments exhibited a consistent upward trend, growing from $1.49T USD to $3.38T USD with only a minor dip in Q2'25, driven by steady accumulation likely from operational cash flows. In contrast, debt levels remained relatively stable, fluctuating between $0.94T USD and $1.02T USD without a clear directional pattern, maintaining a healthy debt-to-cash ratio below 0.4 throughout and highlighting TSMC's prudent financial management amid expansion.