SENSEX
NIFTY
GOLD
USD/INR

Weather

image 36    C

Top News News

The Economic Times

Top News / The Economic Times

details

TSMC pledges another $100 billion for US chip expansion

Taiwan Semiconductor Manufacturing Company announced a significant new investment. The company plans to spend an additional one hundred billion dollars in the United States. This latest commitment brings their total US chipmaking investment to two hundred sixty-five billion dollars. TSMC also raised its annual revenue forecast after booking record profits. Runaway demand from the artificial intelligence boom fueled these strong financial results.

17 Jul 2026 1:01 am