Taiwan: Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman C.C. Wei announced Thursday that the chipmaker will invest an additional $100 billion to expand its advanced chipmaking and packaging capacity in Arizona.
According to Focus Taiwan, this investment will increase TSMC's planned investment in Arizona to $265 billion, including four additional wafer fabs and advanced packaging facilities. These new fabs will produce chips using 2-nanometer and more advanced processes to meet the growing demand from TSMC's major American customers.
When asked about the timeline for the investment, Wei did not provide a specific timeframe but stated that the schedule would depend on market conditions and customer demand. He emphasized that TSMC aims to proceed as quickly as possible to address the gap between supply and demand.
The announcement follows reports from U.S. President Donald Trump about TSMC doubling its chipmaking operations in Arizona. Trump was quoted by Fox Business as saying that Taiwanese chipmakers were significantly increasing their U.S. investments. However, TSMC had not publicly confirmed any additional investment until Wei's announcement, and neither he nor Chief Financial Officer Wendell Huang referred to Trump's remarks during the conference.
Wei expressed gratitude for the collaboration and support from U.S. customers and government entities, stating that the expansion would bolster the U.S. semiconductor ecosystem, strengthen supply chains, and create more high-paying technology jobs.
In addition to the Arizona investment, TSMC has raised its 2026 capital expenditure budget to $60 billion-$64 billion, an increase from the previous forecast. Huang attributed this to the continued demand, including from the emerging AI market. A significant portion of this year's capital spending will focus on advanced process technologies, with funds also allocated to specialty technologies and other purposes.
The company plans to add three 3-nanometer fabs, one each in Taiwan, Arizona, and Japan, and is converting some 5-nanometer equipment in Taiwan for 3-nanometer production. Despite its international expansion, TSMC remains committed to Taiwan, planning to build 13 leading-edge and advanced packaging fabs there over the coming years.
In response to earlier remarks by Trump, Taiwan's Economics Minister Kung Ming-hsin emphasized that any overseas expansion should be confirmed by TSMC itself and affirmed Taiwan's central role in TSMC's manufacturing operations.