TSMC To Invest Additional $100 Billion In Arizona

TSMC said it will invest another $100 billion in Arizona after reporting a record 77.4% year-over-year jump in second-quarter profit. The expansion would bring its total U.S. investment to $265 billion and include new fabs for 2-nanometer production and advanced packaging to serve major U.S. customers. The Associated Press reports: As AI-related demand continues to jump and needs for computing power from data centers surge, TSMC has been expanding chip fabrication plants in the U.S., Japan and T