TSMC to invest another $100 billion in US as Q2 profit blows past forecasts

TSMC plans to invest an additional $100 billion in the US following a significant surge in earnings. This strategic expansion comes as the company's Q2 profit exceeded forecasts, driven largely by the growing demand for AI technology. The investment underscores TSMC's commitment to increasing its operational footprint within the United States to support the ongoing AI boom and maintain its leadership in semiconductor manufacturing while capitalizing on the current surge in financial performance.