Taiwan Semiconductor Manufacturing Company (TSMC) is set to bolster its presence in the United States with a substantial new investment. The company has announced it will allocate an additional US$100 billion toward expanding its semiconductor manufacturing facilities in Arizona. This decision brings TSMC’s total planned investment in the country to a staggering US$265 billion.
This announcement coincides with TSMC’s impressive financial performance for the second quarter of the year. The company reported a record net profit of NT$706.6 billion (US$22 billion) for the April to June period, marking a significant 77.4% increase compared to the same timeframe the previous year. Additionally, quarterly revenue saw a 36% increase, reaching NT$1.3 trillion. This surge in revenue is largely attributed to the growing global demand for AI chips, which are essential for data centers and advanced computing.
Looking ahead, TSMC anticipates its full-year revenue growth for 2026 to surpass 40% when measured in US dollar terms. The newly announced investment in Arizona will be directed toward the construction of advanced semiconductor fabrication facilities, which will produce 2-nanometer and smaller chips. These facilities will also include advanced packaging capabilities, further enhancing TSMC’s production capacity in the region.
To support this ambitious expansion, TSMC has also revised its capital expenditure forecast for 2026, raising it to between US$60 billion and US$64 billion. This adjustment reflects the company’s commitment to meeting the increasing demand from its customers and maintaining its competitive edge in the rapidly evolving semiconductor industry.