TSMC Invests $100B More in Arizona, Doubles Down on AI Capacity
Live Track
17 Apr
TSMC announced an additional $100 billion investment in Arizona, expanding their total U.S. investment to $165 billion. This includes plans for three more wafer fabs, two advanced packaging facilities, and an R&D center. The expansion will result in about 30% of TSMC's 2nm and more advanced capacity being located in Arizona. The company expects robust AI-related demand in 2025, projecting AI accelerator revenue to double and aiming to double their CoWoS capacity. TSMC forecasts a 40% CAGR for AI accelerator revenue over the next five years. Despite overseas expansion causing margin dilution, TSMC maintains a long-term gross margin target of 53% or higher.Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.