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Taiwan Semiconductor to Stay Cautious on Spending as $165 Billion US Expansion Moves Forward, CFO Says
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Taiwan Semiconductor to Stay Cautious on Spending as $165 Billion US Expansion Moves Forward, CFO Says
Jul 18, 2025 12:42 PM

03:23 PM EDT, 07/18/2025 (MT Newswires) -- Taiwan Semiconductor Manufacturing ( TSM ) will be cautious with spending this year while investing $165 billion in its US operations, Bloomberg News reported on Friday, citing an interview with TSMC's Chief Financial Officer Wendell Huang.

The company plans to keep its capital spending capped at $42 billion amid rising macroeconomic and currency risks, Huang said.

Huang said he told US officials that replicating Taiwan's semiconductor ecosystem in the US will take years due to supply chain complexity and cost differences.

The company's second Arizona plant may begin production by 2027, and a third could be added as customer demand grows, he added.

TSMC expects about 30% of its advanced chip capacity to eventually be based in the US, depending on global economic and policy conditions, the CFO added.

Huang said currency fluctuations, especially the stronger Taiwanese dollar, have impacted margins, prompting the company to adjust its hedging strategies.

Price: 240.29, Change: -5.31, Percent Change: -2.16

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