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

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Source: South China Morning Post
Published: 2026-07-16 20:30 UTC+10:00
Section: US
Factuality Score: 90
Opinion Category: Neutral
Topics: Military & Defence, Technology & AI, War & Conflict, Technology
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Snippet:
Riding on the AI boom, the Taiwanese chipmaker’s net income jumped 77 per cent to NT$706.6 billion (US$22 billion) in the second quarter
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