TSMC Considers Multi-Billion Dollar Texas Expansion for AI Chip Production

Taiwan Semiconductor Manufacturing Co. (TSMC) is reportedly evaluating a new campus in Texas, representing tens of billions of dollars in additional investment, to meet the surging demand for artificial intelligence hardware. This potential expansion, which would involve multiple fabrication plants, follows TSMC's existing $265 billion commitment in Arizona and is contingent on the extension of a U.S. advanced-manufacturing tax credit.