Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is adding US$100 billion to its investments in Arizona to meet strong demand from US customers and to ward off ambitious rivals, a senior executive said last week.The company, fresh off reporting expectation-beating sales and profit for the June quar

Speaking in an exclusive interview with CNBC, TSMC's Wendell Huang said the fresh investment comes on the back of robust customer demand.

TSMC's $100B Arizona investment brings total US commitment to $265B, reshaping semiconductor supply chains with major implications for crypto mining and AI.