(PR) TSMC Intends to Expand Its Investment in the United States to US$165 Billion to Power the Future of AI

TSMC (TWSE: 2330, NYSE: TSM) today announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an additional $100 billion. Building on the company's ongoing $65 billion investment in its advanced semiconductor manufacturing operations in Phoenix, Arizona, TSMC's total investment in the U.S. is expected to reach US$165 billion. The expansion includes plans for three new fabrication plants, two advanced packaging facilities and a major R&D team center, solidifying this project as the largest single foreign direct investment in U.S. history.

Through this expansion, TSMC expects to create hundreds of billions of dollars in semiconductor value for AI and other cutting-edge applications. TSMC's expanded investment is expected to support 40,000 construction jobs over the next four years and create tens of thousands of high-paying, high-tech jobs in advanced chip manufacturing and R&D. It is also expected to drive more than $200 billion of indirect economic output in Arizona and across the United States in the next decade. This move underscores TSMC's dedication to supporting its customers, including America's leading AI and technology innovation companies such as Apple, NVIDIA, AMD, Broadcom, and Qualcomm.
Read full story