TSMC to invest additional $100bn in Arizona, bringing total to $265bn

Published Jul 18, 07:30 PM UTC

Taiwan Semiconductor Manufacturing Co. (TSMC) announced an additional $100 billion investment in its Arizona facilities, bringing total investment to $265 billion. CEO C.C. Wei stated the funds will build multiple 2-nanometer logic wafer fabs and advanced packaging fabs to meet strong multi-year demand from leading US customers. The announcement followed TSMC's record Q2 2026 results, with net income surging 77.4% year-over-year to $22 billion. The expansion was facilitated by a broad US-Taiwan trade agreement that reduced tariffs on Taiwanese goods to 15% and included $250 billion in planned Taiwanese investment in the US. TSMC previously increased 2nm production by 70% to power AI applications. The company reported a 67.9% year-over-year revenue increase in June 2026.