Taiwan Semiconductor Manufacturing Co. (TSMC) pledged an additional $100 billion to expand its Arizona operations. This commitment brings the company's total U.S. investment to $265 billion. The new funding will support at least four additional fabrication plants and advanced packaging facilities. These facilities will focus on producing 2-nanometer and more advanced semiconductors.
The announcement follows record second-quarter results driven by surging demand for AI chips. Net income soared 77.4% year-over-year. Quarterly profit reached NT$706.56 billion ($22.35 billion). Revenue increased 36% to NT$1.27 trillion. TSMC also raised its capital expenditure forecast for 2026.