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The Independent UK
The Independent UK
National
Chan Ho-Him

Taiwan chipmaker TSMC explores Texas investment to expand production in the US

Arizona Taiwan Office China - (Copyright 2026 The Associated Press. All rights reserved.)

Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand its chip production in the United States, the advanced chipmaker said after posting another record profit on strong artificial intelligence demand.

TSMC said during an earnings conference Thursday that it is open to collaborating with Elon Musk’s planned “Terafab” chip manufacturing complex in Texas.

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