TSMC Sets New Records and Expands in Arizona | Business and Finance News episode artwork

EPISODE · Jul 16, 2026 · 1 MIN

TSMC Sets New Records and Expands in Arizona | Business and Finance News

from The Daily News Now! Business

TSMC just shattered records again with a 77.4% jump in Q2 net income, hitting 706.56 billion New Taiwan dollars — their fifth straight record-breaking quarter. Revenue soared to 1.27 trillion New Taiwan dollars ($40.2 billion). CEO announces a massive $100 billion new investment in Arizona, bringing total U.S. commitment to $265 billion for cutting-edge 2-nanometer fabs and advanced packaging. This move is a game-changer for the U.S. semiconductor ecosystem, promising supply chain strength and thousands of high-paying tech jobs. TSMC also raised its 2026 capex forecast to $60–64 billion, with spending over the next three years expected to exceed the prior three years. Demand for advanced nodes — 7nm and smaller — drove 77% of revenue, led by 5nm and 3nm chips. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/45a15c5e508a8726

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TSMC Sets New Records and Expands in Arizona | Business and Finance News

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