TSMC Boosts Arizona Investment by 00B to 65B Total After Record Q2 Profit, 77% YoY Net Profit Surge

TSMC intends to build at least four additional facilities at a cost of 00 billion, bringing total Arizona investment to 65 billion. TSMC Q2 profit surged 77% year-over-year to 706.56 billion New Taiwan dollars (1.89 billion), beating analyst expectations of NT32.64 billion. The profitability boost was partly driven by AI chip demand. TSMC plans price increases for 2027. The company is a key supplier to NVIDIA and Apple. The additional investment aims to expand capacity to deliver advanced chips to the AI industry. Chairman C.C. Wei announced the investment alongside blockbuster Q2 earnings.