TSMC To Invest Additional $100 Billion In Arizona Published on 2026-07-16T22:00:00Z TSMC said it will invest another $100 billion in Arizona after reporting a record 77.4% year-over-year jump in second-quarter profit. The expansion would bring its total U.S. investment to $265 billion and include new fabs for 2-nanometer production and advanced packaging to serve major U.S. customers. The Associated Press reports: As AI-related demand continues to jump and needs for computing power from data centers surge, TSMC has been expanding chip fabrication plants in the U.S., Japan and Taiwan. It said it is increasing its annual capital expenditure budget for this year to $60 billion-$64 billion, up from an earlier estimate of $52 billion-$56 billion. TSMC, or Taiwan Semiconductor Manufacturing Co., is a key supplier to Nvidia and Apple. It had previously already committed $165 billion in the U.S. for building plants in Arizona, with six fabrication facilities planned. The extra $100 billion...
Shameless Plug
Stay Up-To Date With Latest Trends and Breaking News