TSMC to speed up construction of US chip plants by 'several quarters'

Taiwanese company to eventually make 30% of its most advanced chips in Arizona

20250717 TSMC

TSMC's CEO has promised a record-breaking year in both revenue and profits, citing strong demand for AI applications. (Photo by Sae Kamae)

CHENG TING-FANG and LAULY LI

TOKYO -- Taiwan Semiconductor Manufacturing Co. says it is speeding up construction of its second and third plants in Arizona "by several quarters" to meet robust demand from U.S.-based customers for smartphone and AI computing chips.

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