TSMC to Invest a Further $100 Billion in U.S. After AI Fuels Surge in Earnings

On 16 July 2026, Taiwanese chipmaker TSMC pledged another $100 billion to expand chip production in the United States, including in Arizona. Bloomberg put the total US buildout at $265 billion. The company also posted record profit, with second-quarter profit up 77%, and raised its sales and spending outlook to catch an AI 'megatrend'.

Tagesschau described it as the fifth record quarter in a row, while Handelsblatt noted that the shares fell on Wall Street despite the results.