Taiwan Semiconductor Manufacturing Co. (TSMC) is reportedly planning a $100 billion expansion of its Arizona site. The project involves the construction of four new fabrication plants. The Financial Times reports that an official announcement could arrive as early as April.
The company recently approved a record $45 billion capital expenditure for 2026. Surging demand from the global AI boom is driving the increased spending. The Arizona expansion is expected to take five years or more to complete.
This move would rank among the largest foreign investments in U.S. history. No immediate market reaction was recorded following the report.