TSMC announced plans to invest an additional $100 billion in expanding its U.S. manufacturing capacity, bringing its total U.S. investment pledges to $265 billion. This move comes as the chipmaker reported record profits driven by strong demand for artificial intelligence. TSMC is a crucial supplier for companies like Nvidia and Apple, making it a bellwether for the global chip industry and AI development. The company is increasing its annual capital expenditure to between $60 billion and $64 billion to support this growth. Previously, TSMC committed $165 billion to building six fabrication facilities in Arizona. The new $100 billion investment will likely fund four additional plants in Arizona. These new facilities will focus on producing advanced 2-nanometer and below chips. TSMC believes this investment will bolster the U.S. semiconductor ecosystem and create high-tech jobs. Previously, Taiwan agreed to about $250 billion in U.S. tech investments, including semiconductors, as part of a tariff agreement. The company expects AI-driven demand to remain exceptionally strong through 2030, leading to an upward revision of its 2026 revenue growth forecast to over 40%. TSMC’s increased investment is deemed essential for its long-term growth and to meet persistent demand.