Key facts
- TSMC is investing an additional $100 billion in its U.S. operations, primarily in Arizona.
- The total U.S. investment commitment from TSMC now stands at $265 billion.
- The expansion includes four more advanced semiconductor manufacturing facilities, bringing the total to 12.
- The investment is driven by strong demand for AI chips and advanced packaging.
- TSMC reported a 77% year-on-year increase in second-quarter net profits.
- The company raised its annual revenue growth forecast for 2026 to over 40%.
Taiwan Semiconductor Manufacturing Co. (TSMC) announced plans to invest an additional $100 billion in its U.S. operations, primarily in Arizona, bringing its total commitment to $265 billion. This expansion is driven by robust demand for artificial intelligence chips and advanced packaging, as the company seeks to bolster the U.S. semiconductor ecosystem and create high-paying jobs. The announcement coincided with TSMC reporting record second-quarter net profits, up 77% year-on-year to $22 billion, on revenue that increased 36%. The company also raised its annual revenue growth forecast for 2026 to over 40%. TSMC is a critical supplier for major tech firms like Nvidia and Apple. The company's new facilities will join existing factories in Phoenix, with the expansion cementing the city as a hub for America's technology manufacturing economy.