Taiwan Semiconductor Manufacturing Company (TSMC) has unveiled plans for a substantial increase in its investment in the United States, announcing an additional US$100 billion to enhance its semiconductor manufacturing facilities in Arizona. This new commitment elevates TSMC’s total planned investment in the U.S. to an impressive US$265 billion.
The announcement coincided with TSMC’s report of a remarkable quarterly net profit of NT$706.6 billion (approximately US$22 billion) for the period between April and June, marking a significant 77.4% increase compared to the same quarter in the previous year. The company’s revenue for the quarter also experienced a notable rise, climbing 36% to reach NT$1.3 trillion. This growth was largely fueled by the surging global demand for AI chips, which are integral to data centers and advanced computing technologies.
Looking ahead, TSMC has projected that its revenue growth for the full year of 2026 will surpass 40% when measured in U.S. dollar terms. The expanded investment in Arizona is set to facilitate the construction of cutting-edge semiconductor fabrication plants capable of producing 2-nanometer and even smaller chips. Additionally, the investment will support the development of advanced packaging facilities, which are crucial for meeting the evolving needs of the semiconductor industry.
In response to the increasing demand from customers, TSMC has also adjusted its capital expenditure forecast for 2026, raising it to a range of US$60–64 billion. This strategic move underscores the company’s commitment to maintaining its leadership in the semiconductor sector by investing in the necessary infrastructure and technology to support future growth.