TSMC(US:TSM) 智通财经网·2026-01-16 07:33Core Viewpoint - TSMC is accelerating its expansion plans in Arizona, USA, driven by a strong financial report and a recent trade agreement between the US and Taiwan, with an increased investment commitment to meet the rising demand for AI chips [1][2]. Group 1: Investment Plans - TSMC has committed to invest $165 billion in the US to support the government's initiative to rebuild domestic chip manufacturing [1]. - The company plans to increase its investment in Arizona further, with CFO Emily Tan expressing confidence in the AI trend as a reason for the capital expenditure increase [1][2]. - TSMC's capital expenditure is projected to rise significantly, with expectations for 2026 to reach between $52 billion and $56 billion, up from $40.9 billion in 2025, exceeding market expectations [2]. Group 2: Expansion Details - TSMC initially purchased 1,100 acres of land in Arizona for six fabs, two advanced packaging facilities, and a research center, but has since acquired an additional 900 acres to support its expansion plans [2]. - The company is advancing its construction of multiple fabs, including the completion of the P2 facility in Arizona, which is expected to begin production in 2026 [3]. - TSMC's first fab in Arizona is already operational, achieving production yields and process levels comparable to its advanced facilities in Taiwan [3]. Group 3: Trade Agreement Context - The recent US-Taiwan trade agreement includes a reduction of tariffs on Taiwanese goods to 15% and a commitment for Taiwanese chip companies to invest at least $250 billion in US chip production [2]. - Despite the trade agreement, TSMC's investment plans are primarily driven by customer demand rather than direct involvement in the trade negotiations [3].