TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC) said on Thursday it will invest an additional $100 billion to expand semiconductor manufacturing in the United States, bringing its total planned U.S. commitment to $265 billion under an agreement backed by President Donald Trump's administration and marking one of the largest foreign manufacturing investments in the country's history.
The new investment will fund four additional advanced semiconductor fabrication and packaging facilities in Arizona, increasing TSMC's planned U.S. footprint to 12 facilities, according to the company and the U.S. Commerce Department. The expansion is intended to support growing long-term demand from American customers for leading-edge chips used in artificial intelligence, data centers and other advanced computing applications.
TSMC Chairman and Chief Executive C.C. Wei announced the investment during the company's second-quarter earnings briefing, saying the expansion reflects sustained demand from major U.S. customers and the company's commitment to strengthening the semiconductor supply chain.
"We appreciate the strong collaboration and support of the Trump Administration, Secretary Lutnick and our leading U.S. customers," Wei said in a statement released by the U.S. government. He said the additional investment would help expand the U.S. semiconductor ecosystem and support job creation.
The announcement came as TSMC reported record quarterly results driven by continued demand for AI chips. The company posted second-quarter net profit of NT$706.6 billion (about $22 billion), up 77% from a year earlier and above market expectations. It also raised its full-year capital expenditure forecast to between $60 billion and $64 billion and increased its annual revenue growth outlook to more than 40%.
TSMC, the world's largest contract chipmaker and a key supplier to companies including Apple and Nvidia, had previously committed $165 billion for U.S. manufacturing, with six fabrication plants planned in Arizona. The latest pledge adds to that commitment as governments seek to strengthen domestic semiconductor production and reduce supply chain risks.
The White House and Commerce Department said the investment follows a broader U.S.-Taiwan trade and investment agreement announced earlier this year aimed at expanding advanced manufacturing in the United States. Officials said the additional TSMC investment is expected to reinforce domestic production capacity for advanced semiconductors while supporting the administration's industrial policy objectives.
Wei declined to provide a specific timetable for completing the new facilities, saying the pace of investment would depend on customer demand and market conditions.
