{"id":466700,"date":"2026-10-15T11:18:21","date_gmt":"2026-10-15T11:18:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/466700\/"},"modified":"2026-10-15T11:18:21","modified_gmt":"2026-10-15T11:18:21","slug":"taiwan-chipmaker-tsmc-explores-texas-investment-to-expand-production-in-the-us","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/466700\/","title":{"rendered":"Taiwan chipmaker TSMC explores Texas investment to expand production in the US"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">HONG KONG (AP) \u2014 Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand its chip production in the United States, the <a href=\"https:\/\/apnews.com\/article\/semiconductors-chips-tsmc-taiwan-iran-war-624137ae5b2a5bfe9ca2ccfc648b5dc1\" data-ylk=\"slk:advanced%20chipmaker;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;advanced chipmaker&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">advanced chipmaker<\/a> said after posting another record profit on strong <a href=\"https:\/\/apnews.com\/hub\/artificial-intelligence\" data-ylk=\"slk:artificial%20intelligence;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;artificial intelligence&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">artificial intelligence<\/a> demand.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">TSMC said during an earnings conference Thursday that it is open to collaborating with Elon Musk&#8217;s planned &#8220;Terafab&#8221; chip manufacturing complex in Texas.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">TSMC, which produces over 90% of the world&#8217;s most cutting-edge chips, supplies to U.S. technology giants include Nvidia and Apple and has pledged $265 billion of investments in building plants in Arizona, including <a href=\"https:\/\/apnews.com\/article\/taiwan-tsmc-chipmaking-ai-arizona-fab-ba05b1b952257d371acb9d070e7914ff\" data-ylk=\"slk:%24100%20billion%20the%20company%20committed;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;$100 billion the company committed&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">$100 billion the company committed<\/a> in July.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The company&#8217;s earnings results are seen as a barometer for the world&#8217;s AI development during a global scale-up in AI computing power. For the July-September quarter, the chipmaker reported a record 763.1 billion new Taiwan dollars (nearly $24 billion) in net profit, which was better than expected and up 69% from the year before. Revenue for the quarter was at 1.49 trillion new Taiwan dollars ($46 billion), up 51% year-on-year.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;The AI market continues to be very strong,&#8221; C.C. Wei, chairman and CEO of TSMC, said during Thursday&#8217;s conference. &#8220;The demand, actually, is still far above our capability today to supply, and we&#8217;re working very hard to narrow the gap.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">TSMC is working hard to expand in response to requests from most of its large U.S. customers to increase capacity, Wei said.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The chipmaker based in Hsinchu, Taiwan, recently has explored expanding its capacity outside of Arizona and Texas is among the options under consideration, he said, confirming earlier media reports.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;We sent the teams to Texas to do all the evaluation,&#8221; Wei said, adding that the plan is still under deliberation.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">TSMC is in discussions to be part of the &#8220;Terafab&#8221; project in Texas, Wei added, stressing that a plant in Texas must be run by TSMC.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Musk confirmed on X earlier this month that there have been discussions with TSMC over its potential role in Terafab, but he also said &#8220;we will build and run the fab,&#8221; referring to chip fabrication facilities, and TSMC at most would be subleasing part of the Terafab.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">TSMC has said it has an annual capital expenditure budget of $60 billion to $64 billion for this year, up from its previous estimate earlier this year of $52 billion to $56 billion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Spending between 2026 and 2028 will be significantly higher than the past three years, TSMC Chief Financial Officer Wendell Huang said during the earnings call.  <\/p>\n","protected":false},"excerpt":{"rendered":"HONG KONG (AP) \u2014 Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand its chip&hellip;\n","protected":false},"author":2,"featured_media":466701,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[93341,910,917,918,919,911,912,93342,913,914,4529,93343,2492,93344,111,9670,31522,915,916,47705,93345,2445,27,29,28,93346],"class_list":["post-466700","post","type-post","status-publish","format-standard","has-post-thumbnail","category-texas","tag-401k","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-texas","tag-texas-headlines","tag-texas-news","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/466700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=466700"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/466700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/466701"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=466700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=466700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=466700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}