Taiwan Chipmaker TSMC Pledges Another $100B to Expand U.S. Chipmaking
The company reported a record $22 billion in net profit for the April-June quarter.
Associated Press
— 3 min read
HONG KONG, July 19, 2026 (AP) — Major Taiwan computer chipmaker TSMC said Thursday it plans to spend another $100 billion on expanding its manufacturing capacity in the United States.
The latest commitment appears to bring the company’s total pledges for investment in U.S. chipmaking to $265 billion. It also raised its annual revenue forecast after booking record high profits thanks to runaway demand from the boom in artificial intelligence.
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