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The Nexus
BUSINESSJul 16 · 10:30 UTCSCMP CHINAIris Deng,Richard Chen

TSMC pledges extra US$100 billion for Arizona fab expansion amid soaring AI chip demand

TSMC has pledged an additional US$100 billion to expand its Arizona manufacturing facilities, increasing its total US investment to US$265 billion to meet rising AI chip demand. The company aims to proceed rapidly with the expansion, though no specific timeline was provided.

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