Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading maker of advanced artificial intelligence chips and a key supplier to Nvidia, reported a 35 % jump in fourth‑quarter profits to a record T$505.7 billion (about $16 billion) — marking its seventh consecutive quarter of double‑digit growth. Fueled by robust demand for AI‑related semiconductors, the results outpaced consensus forecasts and reflect the company’s expanding global footprint.

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The impressive financial performance comes as TSMC accelerates its multi‑billion‑dollar investment in Arizona, one of the most consequential components of the company’s U.S. strategy. TSMC has pledged more than $165 billion toward multiple fabrication facilities in the state, with plans for additional fabs, advanced packaging operations, and supporting infrastructure that together will form a sovereign Arizona giga‑fab cluster — a cornerstone in the nation’s chip supply chain.

“All our overseas decisions are based on our customers’ needs, as they value some geographic flexibility, and a necessary level of government support,” said Chairman and CEO C.C. Wei, emphasizing TSMC’s strategic approach to global expansion and shareholder value. He added that strong collaboration with U.S. federal, state, and local governments has helped accelerate capacity growth in Arizona. “With the strong collaboration and support from our leading U.S. customers and the U.S. federal, state and city governments, we are speeding up our capacity expansion in Arizona, and executing well to our plan.”

TSMC’s first Arizona fab successfully entered high‑volume production in the fourth quarter of 2024, and the second fab has completed construction, with tool move‑in and installation planned for 2026. Responding to sustained customer demand, the company has pulled forward production schedules for its second plant, now expected to begin high‑volume manufacturing in late 2027. Ground has already been broken on Fab 3, and TSMC is seeking permits for a fourth fab and its first advanced packaging facility.

“Furthermore, we have just completed the purchase of a second large piece of land nearby,” Wei said, noting that the additional acreage provides flexibility to support multi‑year, AI‑related demand. These developments position Arizona as a critical hub for next‑generation chips — serving smartphones, high‑performance computing, artificial intelligence, and more — while reinforcing the state’s role in the global technology ecosystem.

“We plan to scale up to an independent giga‑fab cluster in Arizona,” Wei said, adding that by expanding the company’s footprint internationally while continuing to invest in Taiwan, TSMC will remain a trusted technology and capacity provider of the global logic IC industry for years to come.