TSMC announced Thursday an additional $100 billion investment in U.S. manufacturing, bringing total U.S. pledges to $265 billion. The world's largest contract chipmaker cited extremely robust AI-driven demand from customers like Nvidia and Apple.

The new funds will support four additional fabrication plants in Arizona producing 2-nanometer and more advanced chips. CEO C.C. Wei said demand remains very strong through 2029-2030. TSMC also raised its 2026 capex to $60-64 billion from $52-56 billion.

TSMC reported record Q2 net profit of $22 billion (NT$706.6B), up 77%, with revenue surging 36% to $39 billion. The company lifted its 2026 revenue growth forecast to above 40% year-over-year, up from over 30%.

The investment follows a U.S.-Taiwan agreement securing $250 billion in Taiwanese tech investments. Analyst William Li of Counterpoint Research called the ramped spending essential for TSMC's long-term growth and supply chain resilience.