Chip giant TSMC pledges another $100bn to expand US production

The company says it will create "high-tech, high-paying jobs", and raises its total commitment to the US to $265bn.

TSMC Adds $100 Billion to Its U.S. Spending Plan

The pledge from the Taiwanese chip-making giant brought the total commitment to its fast-growing operations in Arizona to $265 billion.

By Steve Lohr

TSMC pledges extra US$100 billion for Arizona fab expansion amid soaring AI chip demand

Taiwan Semiconductor Manufacturing Co (TSMC) has pledged an additional US$100 billion to expand its manufacturing facilities in Arizona, boosting the company’s US investment to US$265 billion, as the chip foundry rushes to meet booming demand driven by artificial intelligence. TSMC chairman CC Wei said the firm planned to proceed “as fast as possible” with the new Arizona investment but declined to provide a timeline, noting that progress would “depend on the market situation and our customer...

By Iris Deng,Richard Chen

TSMC to invest another $100 billion in US as Q2 profit blows past forecasts

TSMC plans additional $100B U.S. investment: report

TSMC posts record profit, boosts US investment by $100B

Taiwanese chipmaker TSMC will invest an additional $100 billion in the U.S. state of Arizona, the company said Thursday, as it reported a record quarterly net profit on the back of...

Chip giant TSMC pledges another $100bn to expand US production

Taiwanese chipmaker TSMC will invest another $100bn (£74bn) in Arizona as it expands its production in the US, a move the Commerce Department said will create tens of thousands of American jobs.

By Emmanuel Tetteh