TSMC (TSM) Boosts Arizona Investment to $265 Billion for AI Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) will increase its investment in its Arizona facility by an additional $100 billion, bringing the total investment to $265 billion. This decision follows a strong customer demand driven by AI, leading TSMC to revise its full-year capital expenditure to between $60 billion and $64 billion. The company is also optimizing its 5-nanometer capacity to advance to 3-nanometer technology to meet market needs. TSMC shares are up approximately 48% year-to-date, reflecting investor interest amid this expansion, which aims to strengthen the U.S. semiconductor supply chain.