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Barchart
Patrick Sanders

Taiwan Semiconductor’s $100 Billion Arizona Expansion Is a Bullish Sign for Investors

TSMC Taiwan Semiconductor Semiconductor Arizona Taiwan TSM

Taiwan Semiconductor Manufacturing (TSM) reported second-quarter earnings Thursday. And while the market seemed to shrug off a very solid earnings report, the company announced its plan to invest another $100 billion in its foundries in Arizona.

The declaration, made during the company’s earnings call with analysts, brings TSMC’s total investment in Arizona to $265 billion in up to 12 separate facilities.

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