TSMC adds $100 billion to U.S. expansion

• TSMC plans another $100 billion of U.S. investment, raising its total announced commitment to $265 billion.
• TSMC reported a record Q2 profit of NT$706.6 billion, up 77% and above market expectations.
• The company raised its 2026 capital-spending forecast to $60–$64 billion as AI-related chip demand remained strong.

Taiwan Semiconductor Manufacturing Company (NYSE:TSM) plans another $100 billion of U.S. manufacturing investment, bringing its total announced commitment to $265 billion.

The announcement accompanied record Q2 net income of NT$706.6 billion, up 77% and above the NT$632.6 billion market estimate.

TSMC raised 2026 capital-spending guidance to $60–$64 billion and forecast Q3 revenue of $44.6–$45.8 billion with a 65%–67% gross margin.

Following the announcement, TSMC ADR price was unchanged at $419.48 before U.S. premarket trading began.

During the period under review, TSMC generated Q2 revenue of $40.20 billion and a 67.7% gross margin, while raising expected 2026 dollar revenue growth to slightly above 40%.

The company’s existing $165 billion Arizona plan covers six fabrication plants, advanced-packaging facilities and research infrastructure supporting U.S. semiconductor production.