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Why it matters: TSMC has doubled down on its enormous US expansion plans, committing another $100 billion to its Arizona operations. The money is expected to fund at least four additional fabs producing chips at the 2nm node and below, along with advanced packaging facilities.
The announcement came as the Taiwanese giant posted another record quarterly profit and raised its 2026 capital expenditure forecast to as much as $64 billion.
CEO C.C. Wei announced the investment during TSMC's second-quarter earnings conference in Taipei. It adds to the $165 billion already pledged for Arizona, taking the chipmaker's total planned US spending to $265 billion.
