TSMC's $165B Arizona Chip Heist: Turning Desert into Silicon Goldmine, Taiwan-Style

Taiwan Semiconductor Manufacturing Co. (TSMC) will expand its $165 billion US investment, driven by strong demand for artificial intelligence chips. CFO Wendell Huang stated, "We have strong conviction on the AI mega trend," as the company ramps up capital expenditures in Arizona. TSMC has purchased additional land and plans to build a "gigafab cluster," with a 30% increase in capital expenditure forecasted for the new year, following a US-Taiwan trade deal signed on March 3, 2025, capping US tariffs on Taiwanese goods at 15%.