TSMC (TWSE: 2330, NYSE: TSM) at this time introduced its intention to develop its funding in superior semiconductor manufacturing in the US by an extra $100 billion. Constructing on the corporate’s ongoing $65 billion funding in its superior chip fabs in Phoenix, TSMC’s complete funding within the U.S. is anticipated to achieve US$165 billion.
The enlargement contains plans for 3 new fabrication vegetation, two superior packaging services and a serious R&D crew heart, which TSMC referred to as the biggest single overseas direct funding in U.S. historical past.
By means of this enlargement, TSMC expects to create a whole bunch of billions of {dollars} in semiconductor worth for AI and different cutting-edge purposes. TSMC’s expanded funding is anticipated to help 40,000 building jobs over the subsequent 4 years and create tens of hundreds of high-tech jobs in superior chip manufacturing and R&D.
The corporate mentioned additionally it is anticipated to drive greater than $200 billion of oblique financial output in Arizona and throughout the US within the subsequent decade.
“This transfer underscores TSMC’s dedication to supporting its prospects, together with America’s main AI and expertise innovation firms equivalent to Apple, NVIDIA, AMD, Broadcom, and Qualcomm,” TSMC mentioned.
“Again in 2020, due to President Trump’s imaginative and prescient and help, we launched into our journey of establishing superior chip manufacturing in the US. This imaginative and prescient is now a actuality,” mentioned TSMC Chairman and CEO Dr. C.C. Wei. “AI is reshaping our each day lives and semiconductor expertise is the inspiration for brand spanking new capabilities and purposes. With the success of our first fab in Arizona, together with wanted authorities help and robust buyer partnerships, we intend to develop our U.S. semiconductor manufacturing funding by an extra $100 billion, bringing our complete deliberate funding to $165 billion.”
TSMC’s Arizona fab at present employs greater than 3,000 folks on 1,100 acres of land in Arizona. The location has been in quantity manufacturing since late 2024.
Based on TSMC, this enlargement will play an important position in strengthening the U.S. semiconductor ecosystem by rising American manufacturing of superior semiconductor expertise. It should additionally full the home AI provide chain with TSMC’s first U.S. superior packaging investments.
In the US, along with its newest manufacturing web site in Phoenix, TSMC operates a fab in Camas, WA, and design service facilities in Austin, Texas, and San Jose.