05:07 PM EST, 03/03/2025 (MT Newswires) -- Taiwan Semiconductor Manufacturing ( TSM ) late Monday disclosed plans to increase investment in advanced chipmaking in the US by another $100 billion.

The additional spending builds on the company's prior $65 billion commitment to expand its manufacturing operations in Phoenix, Arizona.

The new project will construct three new fabrication plants, two new advanced packaging facilities and a major research and development center.