TSMC to invest another $100 billion in US as Q2 profit blows past forecasts

TSMC pledged an extra $100 billion for chip plants in Arizona (on top of $165B already planned), a high-profile win for U.S. chipmaking and job growth.
The company raised its capex outlook — forecasting $60–64 billion for 2026 and saying AI demand is driving “multi-year” spending increases.
TSMC posted a record Q2 profit (up 77%) and expects revenue to jump over 40% in 2026, underscoring its central role supplying Nvidia, Apple and the AI boom.