Taiwan Semiconductor Manufacturing Co. will speed up volume production at its second and third chip fabs in north Phoenix to keep up with AI-related demand from customers.

TSMC is aggressively expanding its US presence with accelerated construction of its Arizona fabs, aiming to create a major semiconductor hub. The company's investment includes multiple fabs utilizing advanced technologies like 2nm and A16 processes.

The total investment for the three Arizona fabs stands at USD 65 billion. TSMC has committed an additional US$100 billion over the coming years to expand its US presence with three more fabs, two integrated circuit (IC) assembly plants, and a research and development centre.

With construction now well underway on all three planned fabs, TSMC’s Arizona campus will be potentially positioned as the bastion of the U.S. semiconductor industry.

The chip manufacturer plans to establish a semiconductor manufacturing cluster in Arizona to support customers in smartphone, AI and high-performance computing applications.

Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is the market leader in the foundry industry, with a 67.6% revenue market share. Most importantly, the company holds over 90% of the market share in the manufacturing of AI chips.

TSMC is working to build two plants in Arizona faster, a move that could bring more Apple chip production to Arizona quicker — but don't expect the newest chips.

Following the completion of its first U.S. plant in Arizona in 2024, Apple's chipmaker TSMC is ramping up the construction of new factories.

Taiwan Semiconductor Manufacturing Company’s expanding footprint in north Phoenix has triggered a cascade of development that extends far beyond its 1,129-acre campus. The chipmaker’s commitment, now totaling $165 billion after

TSMC to build 11 fabs in Taiwan to meet demand for Ai chips, driving a 30% increase in revenue this year to break through US$100bn.

Taiwan Semiconductor Manufacturing Co. will remain prudent about spending this year while expanding globally to meet surging AI chip demand, as the chipmaker grapples with growing macroeconomic and foreign exchange volatility.