Taiwan Semiconductor Manufacturing holds steady in pre-market amid US tariff deal response and Arizona expansion comments

TSMC CFO Wendell Huang clarified that the company's accelerated US expansion, including significant investments in Arizona, is primarily driven by customer demand, rather than the recent reduction in Taiwan-US tariffs.

• The first Arizona fab is already in mass production, achieving yields comparable to those in Taiwan.
• Expansion is progressing rapidly, with the second fab shell complete, the third starting soon, and the acquisition of a second 900-acre land plot for additional fabs and packaging.
• The stock was trading slightly higher in pre-market at $342.66 (+0.08%).